AVL

0.00%

1.6¢ australian vanadium limited

Cheers mate, just learning, so appreciate your feedback.

First 2989 Last

Share
Profile

Follow
LawyerTrader

1,980 Posts.

287

31/12/18

13:05

Post #: 36990545
Share

Originally posted by davenjill ↑

Yes it is a descending tri, but for a more accurate picture go over a longer time frame , say from the top at 7. look for the most contact points, and you'll come up with a v large descending tri. Truly a horrible looking chart. Next to pick a bottom. Look for days of for large volume(day of announcement). Many trends finish with large volume , overbought rsi (below 30). It has broken thru the floor once at 2 ,but is currently holding. There is no confirmation at this stage of a reversal and if 2 does not hold then yes it's probably heading lower, but it will show a bottom at some point in time and if it does go lower it may be for a short period of time due to the downtrend being so long. Candlestick patterns are probably more useful at this stage of the downtrend. TA is really just a guide at as an exact low at this stage is more a than anything else.
Originally posted by LawyerTrader
The price action over the last few weeks has given me a much greater appreciation of technical analysis.

Only just taking my first steps, so just looking for constructive criticism. Isn't this a bearish descending triangle?

If it breaks to the downside, it's looking like a full cent drop (being 3 cents minus 2 cents, the size of the left had side of the triangle)? Thoughts, anyone?

@mirren would love your take on this.

View attachment 1403165

Expand

Cheers mate, just learning, so appreciate your feedback.

AVL Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

RLF

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

There are more pages in this discussion • 45 more messages in this thread...

First 2989 Last

Add AVL (ASX) to my watchlist

(20min delay)
Last 1.6¢		Change 0.000(0.00%)		Mkt cap ! $129.4M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.5¢	$19.32K	1.233M

Buyers (Bids)

No.	Vol.	Price($)
52	31134484	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	10443280	19

View Market Depth

No.	Vol.	Price($)
20	3787523	0.018
8	2387728	0.017
8	2791875	0.016
11	2263500	0.015
2	500000	0.013

Price($)	Vol.	No.
0.019	862281	2
0.020	404607	6
0.021	598625	6
0.022	1380000	5
0.023	2654010	7

Last trade - 16.10pm 06/11/2024 (20 minute delay)

AVL (ASX) Chart

Cheers mate, just learning, so appreciate your feedback.

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Cheers mate, just learning, so appreciate your feedback.

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin jumps 8% to beat record on Trump vote optimism

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News