GREY:AVGCF - Post by User
Comment by
inventorson Mar 04, 2011 11:45am
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Post# 18232298
RE: RE: RE: T.AVR - Notice
RE: RE: RE: T.AVR - NoticeInteresting view,
One could say the chart looks like a head and shoulders pattern too?
This could go either way, M & A pattern with a down side, or the sp will hit the neckline support at 1.50'sh, which is also the bottom support trendline?
One could place a mental stop just below the 1.50'sh level, or the sp will bounce back up?
Yesturdays sell off provided some indication too?
The sp dropped and plunged into the 1.30's and came back up to the support levels and still held on the bottom trendline.
Kind of in the middle and your right it is now a waiting game?
AVR however have good results and production. AVR should have some good price earnings come the end of Mar.
The flash crashs are keeping the traders on alert and probably great for day traders.