AVB 0.00% 16.5¢ avanco resources limited

support

  1. 14,981 Posts.
    lightbulb Created with Sketch. 51
    Morning all
    Better support than I expected this morning, and only a small amount of volume

    The CEO is back in Sydney today, so perhaps we might see an announcement, which would explain the rise in SP

    Also the SP bounced off 38% fib at 8.9 yesterday to close strong, don't forget.
    Also red dow opening 10 mins of selling down is almost up.

    It's either going to test lower levels, or else this price level will represent an excellent reentry position for those who sold out at higher prices, who want to be aboard for the next push up or announcement

    I had a dream last night of the company going into a trading halt, saying:
    "...will be in a trading halt for two days, pending an announcement to the market of higher than expected assays results on par with those already announced thus far"

    Then a gap up opening price of 14c heads and 12.5c oppies
    Ah, well I didn't really, but I thought about what it would be like.

    You gotta have dreams of course, and I am very happy to take a punt.
    Any inkling of a next leg up move, and it doesn't take a lot to work out that buyers will flood into the stock.

    Good luck anyway
 
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