AVH has bounced off strongly off support and the break lower could be a false break of Support. My Buy Zone is between $4.75 and $5.00 where I may be buying the pullback once price action confirms it, with a potential target of the previous highs. Price is currently showing resistance at the 200SMA and could pullback lower to provide a new buying...
Falling Wedge pattern seems to have finished with a nice breakout of the pattern. Heavy resistance at the 200ma mark. It should come back to test support and hopefully will hold. You could wait for 50 to cross 200 for full confirmation or wait to see if Support holds. Either way this is looking good for a long setup.
Price jumped up today 15% on a QTR update. Weekly shows the price in a wedge testing the 78.6% fib retracement & bouncing of that zone. Daily - Price is testing $5.55 - $5.60 a historical support/resistance zone. Break of that zone & the trendline will be bullish
As the SMART MONEY trapped the short seller 3 times since July, in order to accumulate for medium/long terms, their motives gave us couple of bullish targets to watch going forward.Since both Vertical and Horizontal counts are identical, I am only publishing the vertical count as shown on the chart for educational purposes only.
Still a secondary correction within a major uptrend in major time frame monthly with LOW RISK LONG ENTRY pending.
End of Month close above Climax Low of $6.50 is what I am looking for.A perfect Turtle Soup entry that would be !
This TA analysis is not to be taken as a financial advise.
Pulled back to a critical retracement level at 0.415 and managed to bounce off, which now has formed a strong support base and also formed an uptrend price channel.
Weekly Performance 4.55%
Monthly Performance -4.17
3-Month Performance -36.99
- Market Capitalization - 981,378,000
- Total Shares Outstanding (MRQ)...
Before June it will pump up for mid-term and long-term invsting....AVH is one of the most reliable and cheap (HIGH-RISK) choices...
I think that in a year from now on it will be back to 5$ point. An about 300% profit seems not bad!
Hi guys, I am seeing a lot of inverted cup patterns across the board. I took the internal cup measurement and placed the same price guide on the handle where it broke the handle resistance. This seems to correspond to the fib levels. This could still drop a bit a this virus is just starting to take off. DYOR
I have counted 5 big waves up here on the log and switched it to lin for you guys to get a better visual...we should be expecting to see a big correction here, I have drawn an ABC to play out but it can be different the MAIN takeaway here is that we have completed 5 waves up and we're most likely going into a big ABC correction.
Now that its absorbed the 400% move this stock looks set for another move after the September 3 pullback from the attempted break. Great action around the 8 day here. They tell me brokerdata is good too. I don't know much about that.