A plan for AVACTA
Avacta has had a rally up. It has formed a falling wedge / bull flag which could serve as a continuation pattern.
First target could reasonably be the top or start of the falling wedge ~141p.
Targets after that we are looking at the fib retracement of the previous macro down trend and/or the previous price action (there is some confluence between the two).
First target could reasonably be the top or start of the falling wedge ~141p.
Targets after that we are looking at the fib retracement of the previous macro down trend and/or the previous price action (there is some confluence between the two).
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