There should be increased selling pressure in the afternoon, from DT's who entered Friday - if not, their hands will be forced tomorrow with T+2 forcing them to sell. So we may see red at the close, or perhaps tomorrow as they depart.
That's when the stickier buyers will enter and have no problem holding up to 3 months.
There will also be less pressure come Friday and into next week with lower volume and less selling pressure - allowing us to moderately go up until further news.
Just IMO only, and that's the cycle we have to go through, before anything substantial occurs - I also think no news until next week to let things settle.
Been here 3 years, and it has been a GREAT experience, as I believe every trader must go through 5 or 6 of these in their trading time. It has thought me a lot and been very very entertaining.
It hasn't made me poor and certainly not rich, but I'm glad to be here for the next 3 years to see our growth. GLTAH...
It was a great battle, and I'm proud of AVQ!
AVQ Price at posting:
19.8¢ Sentiment: Hold Disclosure: Held
