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AVI - Multiple bounces off of strong support level

58
AVI has bounced off of the support level at around 7000 numerous times since early 2020. It is struggling to make lower lows, so my prediction would be that it continues upward towards the 7550 area or at least to around the 200SMA.
Nota
Price has reached the 200SMA. It may find some resistance here. Keep an eye out for a reversal or continuation and adjust accordingly.
RossLarter
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ALSIAVIjsesouthafricaSupport and ResistanceTrend AnalysisZAR

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ALSIAVIjsesouthafricaSupport and ResistanceTrend AnalysisZAR
RossLarter
Juga pada:

Penafian

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.