AVB 0.00% 16.5¢ avanco resources limited

november charts, page-9

  1. 3,232 Posts.
    lightbulb Created with Sketch. 188
    Well the parabolic formation has died almost textbook. We rejected 4 doji's on the way up will we reject this on the way down? I would have preferred a close of 11.5 yesterday and a doji today setting us up for a bullish reversal. Parabolic SAR has closed above the price. The SAR indicated 2 false sell signals on our rise followed by a period of consolidation. Support looks to be around the 20 DMA and if we do pull back I can see support at 11c.

 
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.