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AVA - BDW and Monthly Bull div
AVA RISK GROUP LIMITED
Long
AVA - BDW and Monthly Bull div
By Grayballz
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Updated
Mar 9
1
Mar 9
Price is settling on weekly support, and has monthly bull div at this level.
Weekly price has retested the BDW pattern and held at support. weary that price has lost .618 level and was rejected here as well as the short MA's
Difficult to find good entry. Going long here, weary of local low at 0.135 so will need a wide stop.
Target 1 - 0.225 @ 40%
Target 2 - 0.32 @ 100%
Target 3 - 0.425 @ 165%
Mar 9
Note
Similar to this set up wit CAT
two week bull div, BDW retest. just has a much better entry candle.
Chart Patterns
Technical Indicators
Grayballz
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