AVB 0.00% 16.5¢ avanco resources limited

some potential targets, page-2

  1. 1,289 Posts.
    rhodes,

    thanks for the charts. Im no chartist, wouldn't have a clue.

    But, I would like to get an opinion of something: you said these movements cannot last forever - are you referring to current prices, or the sharpness of the move?

    Also, from a fundamental standpoint, the company could be on the verge of a massive re-rating for very good reasonings. What does this mean for your interpretation of the charts? Would the movement be sustainable IYO if, say they found further 50% Cu mineralisation? The market would go bananas again.

    I find it hard to reconcile the two (being funamental and technical aspects) as they seem to clash in many instances.

    I hope at least some of that makes some sense!!
    Thanks!
    Split
 
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