Hello good sir and a Merry Christmas to you! Yes...as I mentioned in an earlier post AVCO is carving out a bottom. What is significant so far about today's price action (it's still early in the day) is that we have crossed up above the 50 EMA and 6 of the previous day's highs. Very good sign. 2020 will NOT be the year for price appreciation for AVCO...lol...(yep, I admit I was way early) but I am quite confident 2021 will be. We have a lot to look forward with this little company.
On a side note I wanted to thank you for bringing to my attention the 250 EMA a few months ago as opposed to the 200 EMA that I had always been looking at. The 250 rocks!
The 250 EMA for AVCO right at this moment is at 1.51. Mark my words...when we are able to close for 2-3 days above that EMA we will know for sure the tide has changed and AVCO is on the road up. Today is a start in that direction...be patient and will just have to let it happen...
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