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This is an updated chart which reflects the price reaching the pre-determined sell range (R123), which was followed by a strong bearish rejection down to R102. Well done, short sellers.
Previous Post: AVI Ltd: Bull Flag Target Exceeded, Now Approaching Overbought On Weekly
Monday 11 November 2024
Time Published: Pre-Market
Chart as a of after Friday's close.
PENDING SELL IDEA. Potential for an upside 'overshoot' and retracement.
Previous Discussed as a 'Premium Post'
AVI was highlighted to Unum Capital clients as a buy idea in July 2023 at R65. Now, just 15 months later, it is trading over R113.
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