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Re: Vipyr post# 444

Wednesday, 12/16/2020 5:44:08 PM

Wednesday, December 16, 2020 5:44:08 PM

Post# of 632
$AVCO closed right on its low at 1.13 today so we can anticipate a gap down open tomorrow (Thursday morning). Expect buying to come in at the 1.11-1.09 area after they close the gap left over between the low of 11/06 and the close of 11/05. My guess...and its only a guess, at that point traders will reverse this recent move down and start a new move back up. Look for some kind of a reversing pin or key reversal daily candle by the end of the day tomorrow best case scenario to confirm. If no reversal occurs...traders will attempt to take price down and take out the 10/29 low at 1.06 sometime over the next few trading days.

Unless I have completely missed something in the fundamentals AVCO should start to make its move up in earnest 1st Qtr 2021. The next day or two might be an excellent opportunity to own AVCO if we do indeed have a reversal candle by end of day....(Gap or Spike down in the morning then reverse and close up at the end of the day)

Just my opinions...do your own due diligence.

"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -

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