AVD Great Buy Between $9.56 and $10.58.AVD has three simple trading levels and is trading near the lows around $9.56 to $10.58. There are long wicks down to $9.56 and below for the best entry opportunities. I think AVD could present a buy opportunity over the next few weeks or months and I would be willing to buy around $9.56 or lower. For now there has been a missed opportunity and AVD is trending up. I would wait for a pullback though.
AVD
🟩 AVD - setup recapAVD had a nice cheat that set up! It did breakout on 26/7 however it did so on BELOW average volume. This triggered alerts on my end, however due to the low volume I didn not buy. It then paused and subsequently we got a follow on rally whenre I bought the stock (buy price @23.36) that ended with a +180% volume increase. The stock advanced +3.32% on that day.
Important Lesson
Breakout volume is required to start a position
Sometimes institutional volume support might come in the following days