Play wisely!Currently at an Important Support level.
Bullish Divergence on Daily Tf.
Currently also at Channel Bottom.
Couple of Bullish Candles will confirm that
Channel Bottom is respected.
AVN trade ideas
Trading in a Parallel Channel on Monthly TF.Trading in a Parallel Channel on Monthly TF.
Strong Support around 49 - 50 & then 54.
However, 53.20 if SUstained on Weekly
basis, may give further upside around 57 - 58
To be in Uptrend, it should cross 61 - 62. &
Don't Forget the Channel Top is around 75 - 77
On the flip side, 46 is the last level that should
not break.
AVN-Available at a trendlineAVN is at the trend line support and therefore can be bought at CMP=53.08 with a SL of 50 and TP can be 66
Currently at a Very Good SupportMonthly Closing above 58 would be a positive sign.
It is Currently at a Very Good Support & it should bounce
from this level towards 60 - 62.
However, Next Support levels are around 55 - 56 & then 49 - 50.
More Positive Momentum will start after 71 - 72.
Initial Resistances are around 63 - 65 & then around 82 - 83.
AVN | Inverse Head & ShoulderInverse head & shoulder pattern is observed in hourly time frame, that leads the price towards 62 - 63.70
Analysis of AVN Stock: Bearish Trend and Short SellingIn our recent analysis of AVN stock, we have identified a prevailing bearish trend that suggests a strategic pivot towards short selling. The current market conditions indicate that the stock is poised for further declines, making it an opportune moment for traders to consider short positions.
Key indicators suggest that AVN's price may continue to drift lower, reinforcing the idea of a potential downtrend. Our analysis has determined a target price level where we believe the stock could reach its lowest point in this cycle. This provides a clear framework for risk management and profit-taking for those engaging in short buying.
Given the negative sentiment surrounding AVN and external factors impacting its performance, we recommend closely monitoring market developments while positioning oneself to capitalize on anticipated price movements. As always, prudent risk management strategies should be employed when trading in bearish conditions.
Overall, with careful consideration and strategic execution, there are promising opportunities within the current landscape of AVN stock for savvy investors looking to navigate this bearish phase effectively.
PSX : AVNTo predict the potential length of the third downtrend for Avanceon Ltd. (AVN), we can analyze the previous two downtrends and look for a pattern. Here’s a breakdown:
-First downtrend lasted 46 bars (69 days)
-Second downtrend lasted 48 bars (73 days)
Both downtrends are similar in length, with a slight increase between the first and second.
If we follow this pattern of slight growth in downtrend duration,
we can estimate based on historical patterns,
it’s reasonable to predict that the third downtrend could last approximately 74 to 78 days.
AVN Offers 50% gainthe stock is currently in its uptrend, Instant entry can be made here with strict SL of 49 with first TP around 86 and second TP around 98 for over 50% gain within next 4-6 months.
However, careful traders should enter the trade only once it breaks its previous HH around 71.2 with same SL (mentioned above), however, this time the gain will be confined to 37-38%
The stock after significant consolidation has broken out the Falling Wedge Pattern on Weekly time zone, Thereafter making consistent HHs and HLs.
AVN to provide 38% gain within next 4-6 monthsthe stock is currently in its uptrend, Instant entry can be made here with strict SL of 49 with first TP around 86 and second TP around 98 for over 50% gain within next 4-6 months.
However, careful traders should enter the trade only once it breaks its previous HH around 71.2 with same SL (mentioned above), however, this time the gain will be confined to 37-38%
The stock after significant consolidation has broken out the Falling Wedge Pattern on Weekly time zone, Thereafter making consistent HHs and HLs.
AVN - Monthly TargetThis signal is only for long term investor who can hold their holding in AVN with patients. this is good time to accumulate and buy on dip. you will see the Target price soon.
only for Investers not for traders :)
AVN, Bullish Channel with Flag Breakout- Weekly Bullish Flag
- Breakout of flag
- Now trading in Bullish Channel
- Time cycle indicated
- A complete cycle takes around 220 days
- This cycle completed around 200 days
- New cycle and bullish moment is expected in next 20-30 days
- upcoming board meeting may trigger this cycle
- Buy suggested with SL of closing below 48
- Take profit on top of channel
- Ultimate target is 140
AVN potential Buy setup (Weekly)Reasons for bullish bias:
- Price bounced from ascending channel support
- Price respecting long-term upward trendline
- Strong weekly closing at support
- RSI is synched
Here are the recommended trading levels:
Buy 1(CMP): 54.55
Buy 2: 43
Stop Loss Level: 36
Take Profit Level 1: 69
Take Profit Level 2: Open
AVN-PSXUsing pure price-volume analysis with a Renko chart, you can identify different support and resistance levels. By using a volume indicator, you can determine the most traded price level, which represents the accumulation zone—around 55.74. The price range between 54.12 and 56.90 is also an accumulation zone. Adjust your strategy accordingly by taking profit or accumulating more, based on your level.
AVN- intarday callis currently in a bearish trend , possibility of reversal from this zone
intraday entry is recommended
...but that needs a ConfirmationImportant Support seems to be around 46 - 47.
However, Immediate Support can be around 52 - 53
but that needs a Confirmation.
Immediate Resistance is around 62 - 62.50
Avanceon buy IDEAIf AVN holds its long term resistance turned into support and keeps moving in the same parallel channel 70 and 80 could be the next targets
AVN - Look & LeapLarger Trend: Bullish
Smaller Trend: Bearish
Buy Scenerio:
1. Price reaches to buy zone, put stoploss at below of buy zone and tp must be at mid range.
Bullish on Weekly TF.
Initial Support lies around 64 - 64.50 & then around 61.
Immediate Resistance lies around 66 and then around 69.
However, important to Sustain 66 - 67 on Monthly basis.
In worst case, it may touch 57 - 59 area.
AVN - Break of horizontal resistance on daily.AVN was in downtrend, it had broken its trendline previously. Recently it has broken its horizontal resistance, we are anticipating a long move in AVN, stoploss is placed to manage the risk effectively.
AVN | Pennant Pattern OR Double Top?The AVN stock price currently exhibits a Pennant pattern with a confirmed breakout, indicating a bullish momentum in its price action. Presently, the resistance level stands at 63.20, potentially forming a double top pattern. Upon completion of this pattern, the projected target for the Pennant pattern is approximately 70.
AVN (LONG) ANALYSIS 2.0pateeince do same
ChatGPT
🚀 Trade Alert: AVN Bullish Trend & Horizontal Support 🚀
We have identified a bullish setup in AVN, highlighted by the following observations:
Bullish Trend: AVN is in a confirmed bullish trend.
Sideways Movement: Currently in a sideways consolidation phase.
Bearish Divergence: Previously present but now dissolved.
Support Line: The price is at a horizontal support line.
RSI: Supporting a bullish flag pattern, indicating potential upward movement.
Entry Point:
Buy: At the current market price (CMP) near the horizontal support line
Target Prices (TP):
TP 1: 📈
TP 2: 📈
Longer Ride: Must surpass point D with good volumes for a rally towards 76.00
Stop Loss (SL):
SL: Below the horizontal support line to manage risk
Trade Summary:
Buy: At CMP near horizontal support line
TP 1:
TP 2:
Longer Ride: Surpass point D with good volumes for a rally at 76.00
SL: Below horizontal support line
Technical Indicators:
RSI: Supporting the bullish flag pattern
Patience: Targets will be triggered soon, stay patient
Trade Type: Long Swing 🎢
Good Luck! 🍀
Stay informed and trade smart! 📊
