AEV 7.14% 1.5¢ avenira limited

chart review

  1. 3,048 Posts.
    Hints for tomorrows action.

    1. Today closed above previous high close of $1.75.
    2. Volume in the closing auction was solid at $1.85.

    The preceeding 4 days are similar to the shake out that was occuring as MAK pushed $1.20 around the 18th feb. When it finally pushed, it jumped 20 cents on the 22nd.

    3.It closed on the days high.
    4. All of this occurred on a 167 point drop on the ASX.

    My reading is for MAK to jump to $2 as its next resistance level. Sellers will certainly flock back here. The amount of sellers between $2 and 2.09 on the 27th was huge as people took money out to free carry, this will certainly provide a psychological barrier to MAK above $2.

    I loved reading the downrampers claiming MAK is overvalued, it always brings out the long termers to shut them down and provides good reading.

    Where is HASPETE, did he fall off his chair?
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Mkt cap ! $6.611M
Open High Low Value Volume
1.5¢ 1.5¢ 1.5¢ $2.552K 170.1K

Buyers (Bids)

No. Vol. Price($)
2 400000 1.2¢

Sellers (Offers)

Price($) Vol. No.
1.5¢ 129881 1
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Last trade - 15.29pm 12/12/2019 (20 minute delay) ?
AEV (ASX) Chart
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