AVL 0.00% 1.6¢ australian vanadium limited

'If it breaks to the downside, it's looking like a full cent...

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    '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?'


    Well, AVL has formed a downward channel and it has making lower highs and lower lows. I attached a picture (greens show highs, reds shows lows). If the pattern continues the next low is going to be lower than 1.8 cents. I am afraid 2.2 cents may be the most recent lower high. However, the trend may change and AVL can go up, nothing is certain. For interest, I marked when Vincent joined the company at 0.8 cents!  https://hotcopper.com.au/data/attachments/1396/1396348-8601516b3e175b241a258be1063c983b.jpg




 
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