AVO avoca resources limited

Im not a holder yet but ive had a bit of a look over time,...

  1. 8,606 Posts.
    Im not a holder yet but ive had a bit of a look over time, especially today and yesterday.
    The ParabolicSAR is looking nice. If it closes above the $1-71 point over next 2 days, it should certainly run towards the $1-80s. A gew other indicators show its in good health but i'll keep them up my sleave and await for the rest of this weeks action.
    Short positions will need closing from earlier in the week and the shorters wont be too impressed if it hangs around the +$1-70levels. In turn, as they close out their positions we could see some great end of day action towards the $1-80s tomorrow and Friday. If it isnt getting tired that is.

    Happy investing
 
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