ASX:AVH testing the 10 cent resistance barrier

After an excellent 3 to 4 month run, AVH had a bit of a breather and is now back testing the 10 cent barrier. If it can find support at this level it might be back on for another run.

Trade active

Managed to guess right on this one and today AVH jumped up to $0.122 (22.00%). I'll move my stops up close to preserve any profit if it changes direction and pulls back.

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Big gain today!

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Topped up and finally exited locking in second round of profits. Great stock to play.

Trade closed: stop reached

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I took profit at 51. Waiting for re-entry as I think for a stock like this it will recapture its high at some stage so there is a good upside opportunity and if support is there which has been tested a couple of times without breaking then there is limited downside / risk.

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Back in today at 44. Hoping it will resume its run.

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Back into AVH today at 43 after being exited on a stop last drop.

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Through 60 cents. Hooray!

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Back testing resistance. Will it break and run or get rejected. Id be betting break looking at the RSI.

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Up almost 500% over the last year, now pushing that 80 cent mark and looks like there is still value even at this level.

zAngus

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zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus

Also on: