Adveritas.ASX

9 November 2021


Adveritas (AV1:ASX)

Technical charting analysis: AV1 shares have been very volatile over the last few-years, as market has been excited by its product development and contract wins. However, because it is still in cash burn stage it has also tended to be sold off harshly. The price chart shows there is strong support at $0.095 and it is encouraging to see the stock has held up here for about 4-months, indicating to us that we are commencing coverage from a more consolidated price support base.

Technical Analysis: AV1 shares have been very volatile over the last few-years, as market has been excited by its product development and contract wins. However, because it is still in cash burn stage it has also tended to be sold off harshly. The price c

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