AVB 0.00% 16.5¢ avanco resources limited

possible breakout

  1. 8,231 Posts.
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    having looked at the chart over night, i have come to the conclusion that i expect a break out on massive volume at least 50-100 million, either today or monday.
    i would expect it would occur on news from the company but not essential, if someone is accumulating & the wall is broken, which i see as already happening.
    if this does not occur, then the chart patern would start to look like a bearish flag or rising wedge & sugest a retrace to 15 cent area.
    my opinion for what ist worth, maybe other chartists could give there opinions would be glad to hear them.
    heres hoping good luck all holders ;)
 
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