AVEO had a volume surge on Friday it also closed above its 50 day moving average which is currently at 2.35
ADX is a little flat at over 15 however +DMI is currently over 20 and -DMI is over 16.
Entry/support would be 2.09/2.15/2.23/2.27
Pivot is currently at 2.34
Resistance is 2.42/2.46/2.53/2.66
I am looking to enter this closer to 2.27 to 2.35 stop loss 10 cents under my bid.
ADX is a little flat at over 15 however +DMI is currently over 20 and -DMI is over 16.
Entry/support would be 2.09/2.15/2.23/2.27
Pivot is currently at 2.34
Resistance is 2.42/2.46/2.53/2.66
I am looking to enter this closer to 2.27 to 2.35 stop loss 10 cents under my bid.