By The Closet Chartist | Wednesday 12 February 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Avanti Communications (AVN), the satellite group, probably has the distinction of being a company whose fundamental profile is almost as unfathomable as is its technical. I say, despite last year’s “predictable” bull flag breakdown, which heralded a halving of the share price.
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