AVB 0.00% 16.5¢ avanco resources limited

nice uptrend forming

  1. 411 Posts.
    This is looking great. Shareprice tried to sell down to 8.4c and failed. Hit 8.7c and looks like pressure building

    If you look at the chart a steady uptrend is in place.
    Last night we close at 8.5c which once again is a higher low from previous day of 8.1c

    The price line dipped inside the upper bollinger band and looks like it wants to break above it.

    Confirmation will be on more volume as only 1 million traded - buying pressure is increasing and building as we speak. We have a capper at 8.7c which will try slow price action down as it starts to thin on sell side....looks good fellas

    All looking very robust for a play at 9c and above.


    BT


 
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