AVB avanco resources limited

time to dissapoint sellers

  1. 28,628 Posts.
    lightbulb Created with Sketch. 1494
    Well history is repeating itself and traders are having a ball. Everyone expected a spike in sp after the last ann. The spike was short-lived and sellers/cappers stepped in to ensure herd mentality reigns supreme. The next ann could very well be from the glowing cores and the cycle repeats itself again.

    My thinking is that those fixated on this trading pattern are very close to being disappointed as soon enough holders will not be enticed to sell as the more boxes we tick the more chance of further catalysts in sp movement get realised.

    I am also of the opinion that the next ann (good grades) will see 7.5 or 7.6 as our newly formed base. The cappers/sellers are going to come unstuck and that could happen as soon as tomorrow/Monday or next week sometime.
    Too much of a good thing is not wonderful
    Just thinking allowed
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.