Just looking at the chart for AVH.
This view might seem a little odd at first ... all I have done is cut it down to a skeleton view. The Red dots are the daily close, the pink line is the 5 day moving average and the black lines are standard Bollinger bands.
The recent volume is substantially reduced and a clear squeeze is forming. AVH has been publicized fairly well recently and it pushed it into a slightly higher range.
It is not a strong signal .... but I am inclined to think if the upcoming Qtly shows even a little improvement in revenues it will give the SP a boost. Recent weeks have brought in some new money but it has slowed and selling has crept in. All it needs is some confirmation that people have bought into growth [it doesn't have to be much ... merely improvement will do it IMO] and I believe there will be a return to buying [Bollinger squeezes frequently precede breakouts .... the right ingredients are there, all it needs is a bit of good news]
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Last
$3.03 |
Change
-0.160(5.02%) |
Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
$3.08 | $3.10 | $3.03 | $243.5K | 79.49K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 5303 | $3.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.10 | 5 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 5303 | 3.030 |
2 | 3043 | 3.020 |
5 | 10339 | 3.010 |
7 | 22223 | 3.000 |
2 | 2003 | 2.990 |
Price($) | Vol. | No. |
---|---|---|
3.100 | 5 | 1 |
3.190 | 2221 | 2 |
3.200 | 11346 | 5 |
3.220 | 35148 | 3 |
3.240 | 3200 | 2 |
Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
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AVH (ASX) Chart |