Well we have breached the lower level support area of 8.2c this morning and as a result have fallen to 8.0 "so far" and bounced back up, however the area that was support 8.3-8.6 will now be resistance to upwards movement.
To a large degree AVB is in that hands of the "market gods" ...meaning if the market falls hard again tonight the AVB will be hit hard tomorrow. On the +ive side if a good Ann report is release people will trip over themselves getting in ....
Personally I'm fence sitting wait to see what the markets will decide to do. Knowing that Sept / Oct are two of the worst months for sharp drops in the markets statistically speaking. Hard one to call really...so if in doubt protect your capital.
AVB Price at posting:
8.2¢ Sentiment: None Disclosure: Not Held