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
$3.02 |
Change
-0.010(0.33%) |
Mkt cap ! $212.6M |
Open | High | Low | Value | Volume |
$3.05 | $3.12 | $3.01 | $489.6K | 159.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3202 | $3.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.04 | 4230 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3202 | 3.020 |
1 | 8873 | 3.010 |
3 | 20913 | 3.000 |
2 | 24 | 2.980 |
3 | 2693 | 2.950 |
Price($) | Vol. | No. |
---|---|---|
3.040 | 4230 | 1 |
3.050 | 2372 | 2 |
3.070 | 387 | 1 |
3.080 | 1620 | 1 |
3.100 | 5012 | 2 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
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AVH (ASX) Chart |