Slow stochastics indicated to me that it was time to sell 3 days ago.
The last three days trade has shown a new (short term?) down trend, with lower highs and lower lows each day, confirming the SS above.
As for yesterday's closing on the 12.5c high, it's the work of bots (check the Course of Sales for the day)! Bots are merely 'smoke and mirrors' used by large institutions to disguise what they have been doing. Take yesterday's closing for instance, the last 'genuine' trade was: 3:43:02 PM 0.120 28,171 3,380.520 before the bots gave the impression that buyers bought it up to close at 12.5c! 3:53:11 PM 0.125 9 1.125 3:53:08 PM 0.125 9 1.125 3:53:03 PM 0.125 7 0.875 3:53:02 PM 0.125 9 1.125 3:52:51 PM 0.125 125 15.625 3:52:20 PM 0.125 50 6.250 3:51:51 PM 0.125 101 12.625 3:51:20 PM 0.125 73 9.125 3:50:20 PM 0.125 128 16.000
Hence, I am happy to stay out and wait for more selling to be done.
AVB Price at posting:
12.5¢ Sentiment: ST Sell Disclosure: Not Held
