AVB 0.00% 16.5¢ avanco resources limited

why sell, page-7

  1. 2,391 Posts.
    Stoxline have declared AVB a strong buy..



    Price and moving averages

    Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.

    Bollinger Bands

    AVB.AX has closed below upper band by 1.2%. Bollinger Bands are 60% narrower than normal. The narrow width of the bands suggests low volatility as compared to AVB.AX's normal range. The bands have been in this narrow range for 15 bars. This is a sign that the market may be about to INITIATE A NEW TREND.

    http://au.stoxline.com/q_au.php?symbol=avb&c=ax

    Cheers
 
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