Hey guys,
Doing a rough T/A while at work-
Seems there may be a bull pennant forming on the daily (best seen on the hourly).
Seems that downtrend line from 10c is creating resistance while possibly the 7.2c (32.8% Fib) level from the recent high to low (10c-5.4c) is holding it up..
I wonder if that new buyer at 7.2 feels the same...
(or is this just a good old descending triangle in disguise)
the next couple of days IMO would be perfect for a "timely" announcement to put us through this and hopefully finally break through that long-term downtrend line just above (it's been holding us down for three years now!)
Just me hoping.
I'm aware not many on the AVB thread are fond of the TA side of things, but would love to hear thoughts on this from those more who know better than I (I'm sure there's plenty)..
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