AEV 0.00% 1.1¢ avenira limited

awesome chart!!!Looks like the 70 cents level is beckoning as...

  1. 12,455 Posts.
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    awesome chart!!!

    Looks like the 70 cents level is beckoning as the next resistance level ... another day of consolidation will see the bollingers squeeze in tighter too.

    Starting to look explosive.

    MAKs problem was it shot ahead of itself last year, and the fall was conmensrate with the rise ... undeservedly so, but the bubble of exhuberance bursts, the reaction is often kneejerk and violent.

    The result is that MAK is trading in bargain territory considering the distance it has come, the advancing of the project, and the solid results & progress to date.

    I would hazard a guess and say that we are seeing larger buyers now having the confidence to re-enter ... it is not going to take much from here to see it run.

    I have added to my position in anticipation
 
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