Good Morning Vipyr...yes...very familiar with Clay Trader and golden crosses...all good stuff. On a day like Friday for AVCO which was essentially straight up you could point to a lot of different indicators to make a bullish argument.
For me I try and take a few steps back and see overall what is going on from a technical and fundamental point of view. Also my perspective on this particular stock is very long term.
We did go up on light volume Friday but it was a large move up. My sense is we have hit the bottom from this most recent down move. How we are going to move up from here exactly is anyone's guess. Do we go back down and test Thur's low first or do we move two steps up and one step back or do we get a PR and soar up?
If you are fully loaded up on AVCO the best advice I can give is just sit on your hands and do absolutely nothing. There is so much potential in AVCO over the next 1-3 years that I just want to let it do its thing and try not to figure out every twist and turn of the price action.
My absolute minimum price target is $13.50....minimum!
News 
Market Data 
Discover 
