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Is AVO primed for volatility? NR7 shows up after dropping 2.67%
On Thursday, June 25th, AVO moved down 2.67% while volume shrunk to 0.4× the usual levels. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 11.71, 11.56 & 11.32, with resistance at 12.1, 12.34 & 12.49. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of AVO: D
There’s more where that came from. See all of today’s signals for AVO here.
Read full article here »