AVO avoca resources limited
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unwinding ready for the next move up

  1. Sagittarius55
    203 Posts.
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    06/11/07
    11:45
    Post #: 2974659
    AVO is unwinding its recent overbought position ready for the next big move up. Interestingly, this unwinding has resulted in little depreciation in the sp which suggest powerful support at around the A$2.20 level. I would not be surprised to see the next move take the sp to A$3.00 area.

    It's going to be a good Christmas for the AVO shareholders!
    AVO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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