AVB 0.00% 16.5¢ avanco resources limited

Ajostu, two days ago 11/12/12, I first stated that a close of...

  1. 343 Posts.
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    Ajostu, two days ago 11/12/12, I first stated that a close of 8.5c or above that day would be a buy signal for me, because it would be higher than the high of the previous day (if I remember correctly) to indicate a possible change in sentiments. Unfortunately it only managed a high of 8.4c.

    Yesterday 12/12/12, although the SP did knick 8.5c but only managed to close at 8.3c, hence again failed to register a buy signal for me (11/12/12 was an inside day to 10/12/12 so 12/12/12's bar is compared to 10/12/12 still). Yesterday was also disappointing because after the first 30 minutes trade, volume/activity just fell off.

    As 12/12/12's bar was also an inside day, my reference point still remains with 10/12/12 today and the buy signal still stands with a 8.5c or higher close.

    Depinto, you're not looking for my post because there wasn't such a post, because my intended re-entry has always been based on a TA buy signal. Suggest you stick to the truth in future.


    Senseless rubbish, who cares...............

 
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