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I drew this idea a long time ago. I think this stock may want to revisit and retest 91 p and then if support fails the lower lows of 83pence, based on the technicals from my charts. Let's see. GL to all. #AVCT https://x.com/SwazersC/status/1758793817317138698?s=20 https://www.tradingview.com/x/bi6EyzbS/ https://www.tradingview.com/x/AUBO7ipv/
That's impressive Swazers, does your 'Macro super chart' make any allowance for the new AVA 68000 Ribenaoxide trial that is about to commence in the USA?
@DonaldTrumpsWig Here is what I have been saying for years. Ignore the technical at your peril, of course, I could be wrong, and nothing is certain. I know very little about this firm but I have been charting it for years and have a decent track record in predicting it's moved based on the TA alone.
My chart idea is not new as the macro goes back 15 years or so. I am not invested nor am I shorting it. GL to all investors I hope it breaks out, however the charts indicate lower levels #AVCT may want to revisit and restest first. The good news is it appears to have bullish macro trends. https://www.tradingview.com/x/tIAIdxMU/
You charties only ever seem to appear when there is a bit of a down trend....You're just trolls in disguise. You tell us you're not, 'we're just showing the trend'. Charts can be manipulated just like anything else and can be made to show what you want
From what I see, if you're a long term holder we've all been here before and if you believe that Avacta are going to be successful then this is just a dip along the way.
If you're short, then you need to be on here to make sure you don't get stopped out or wiped out.
Here's another conspiracy theory. From 107, Stifel have been pushing the price down way below other MM's on a daily basis, any rise being capped off by holding the ask.
It could well be that there is a VWAPd order in place as there are regular 50k/100k prints popping out. On low volume, easy to achieve. This is fairly clear if you have L2, the bid side has had extremely thin price bands allowing the price to fall quickly compared with the wide price bands on teh ask side, making an upward trend more difficult.
If this is the case and you are short, you've just been feeding the order and you're screwed when its complete, as the book will flip...
If you actually looked at the price action, the rest of the MMs have been trying to push the price up and Stifel just sit there and force the price action to happen underneath their ASK. Eventually, this forces the price down.
You don't need a chart to see this, just recognise market patterns. That's how it looks to me. Short positions think this is t their advantage, but it may well turn out not to be so. What is interesting is that Stifel are our house broker(well, joint) and whilst I realise MM and Broker services are separate(allegedly) you'd think that screwing over the SP of your client is not good for PR.
You could say that they know something, but if thats teh case why aren't Peel doing the same thing?
Could be completely wrong, just as the charties predict but this pattern has happened numerous time
There's a 20p placing coming...
83p would be ridiculously overvalued
A bit of an open goal for them to shoot at there Codejunkie?
'A bit of a down trend'!
Have you seen the 3 month Share Price chart?
Not really.
Down trend can be across any period
Bit like this BB. Since you've been on it its been in serious down trend. Thats a reality, not a chart.
Charts can be made to look like what ever you like. Whereas looking at your posts, there is nothing to figure out. You're not invested and you're just here to create crap.
You're really not worth the reply and won't be bothering in future.
'Ignore the technical at your peril' - 'I know very little about this firm'
Oh dear, so your investment advice is to ignore any understanding of the fundamentals of the company and base all decisions on a nonsense forecast tool that makes all of its recommendations on what has happened in the past??
Errrm no thanks
That open goal will be closed when we get news of C7 and other info.
News maybe imminent hopefully.
News at any given time does not show on a chart.
Maybe when we start the P2 pivotal study, then the rerate kicks in.
Well that's my opinion anyways
Good posts this morning.
Very sceptical of those who rely mainly on charts to prove a point. As you suggest they can 'prove' anything you want depending on the timeline chosen. Often narrow minded manipulative characters.
Massively, hugely, stupidly overvalued…
10p a share on 6th April 2024 would seem about right…
PLEASE!!!!!!! PRETTY PLEASE!!!!🤑🤑🤑💲💲💲💲
#AVCT The SP is testing a level of support (91p) from my original post on the 17th of this month. Which appears to have triggered many. Today's close 91.5p. Weekly chart here https://www.tradingview.com/x/wnlYR0Pt/ Daily charts here https://www.tradingview.com/x/djE8hO6m/ GL to all investors.
My #AVCT prediction is moving as per my charting ideas. https://x.com/SwazersC/status/1760317354641174841?s=20
Your theory appears to be a load of wazzers.
@gje306 Are you blind? #AVCT Stock is selling off!!! https://www.tradingview.com/x/LGslmGuk/
Hey wazer, I credited your idea 3 posts ago. Anway, they say too much wazzing and you'll go blind too.
The price appears to have stabilised now and is massively oversold, so expecting a turn soon enough.
People like Swaz, wyn, thorn, eggy, vikingraider and touk might well be annoying twats, but I gotta say they're all far more accurate than the likes of Myles, RAH and Tom the Bomb have been over the last few years.
Still, makes no difference if SP is 80p or £1.80 right now as I have no intention of selling any until we reach double digits, which I'm pretty confident will happen by 2027
I warned about this sell-off with #AVCT back in Feb & despite the attacks from various trolls & rampers I was correct. I am not here to bash I am here to help. Will the SP close below the 50s & head into the 40's. It looks like it from where I am sitting. https://x.com/SwazersC/status/1769736123838857421?s=20 https://www.tradingview.com/x/7CU0KcYR/ DYOR & protect yourself at all times!!
Swazers is here to help people... Now it's funded and has 40Mio+ GBP in cash (at 50p), let us all sell since Swazers says it will go into the 40's... Especially with the end of the news embargo around AACR.
Swazer just checked your feb history can’t see where you quoted sell off
I am sure Wynbore will be backing up Patrick's statement.
Oh I do love a good inverted tea cup !!!
If it looks like it then does your chart state that?
No sitting on the fence. What does your chart predict?
You don’t need a chart to figure out where this is headed mid term 18-20% Dilution with a 50% drop on the magnetic price of 100 is a total overreaction. Sentiment will turn once the news embargo is lifted. Avacta are still sitting on a wealth of new data to release, including patients from cohorts 5-6 and 7.