AVB 0.00% 16.5¢ avanco resources limited

some potential targets, page-3

  1. 1,603 Posts.
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    Hi splitty

    "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?
    "

    Just the sharpness of the impulse moves mate. Once the news is out and it's had a run it's likely to take a breather or two and pull back a little. Past the top of that upper trendline it's blue sky so it may go silly if that happens (like Cudeco? not saying this will happen just an example of a silly spike). There is no previous chart data to provide line of resistance as they only listed 3 years ago.

    Like I said these are just my opinions on some targets for short term trades and may be wrong. I won't be selling my core holding any time soon knowing where the company have their leases and what they have planned. Just hold for the long gradual climb.

    Not a recommendation to buy or sell.
    Rhodes
 
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