We've seen this type of move where reverse-split stock seems to grab more attention with accelerated volume.
AVTX completed a 240-to-1 reverse split with high volume around $6-8. We can see a potential rise to the upside where 50 EMA and FIB retracement.
The time expected is a rough estimate but we can see FEB-APR to be the big moving months.
We like to use the 1.68 and 3.68 full pattern points and expect to continue forward.
stop loss is limited to the lowest of all time, if so, likely to pop down to $2
AVTX completed a 240-to-1 reverse split with high volume around $6-8. We can see a potential rise to the upside where 50 EMA and FIB retracement.
The time expected is a rough estimate but we can see FEB-APR to be the big moving months.
We like to use the 1.68 and 3.68 full pattern points and expect to continue forward.
stop loss is limited to the lowest of all time, if so, likely to pop down to $2
Trade closed: stop reached
STOP LOSS REACHED.WILL LET THIS ONE GO UNTIL ANOTHER TRIGGER IS ALERTED
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Disclaimer
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.