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Analysis: #NASDAQ $AVEO

Case 310 #AVEO Pharmaceuticals Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#AVEO 1/4
Chart 1
Weekly Chart: A new all time low of 2.23 was recorded in Mar. 2020, however, last month saw a strong break and close above the one year #trendline resistance. Upside #momentum is stalling and price is backing off one year pivot resistance at .....

AVEO 2/4
..... 10.80.A close above #Fib. 0.382 at 17.58 is required to tackle the major #resistance zone 21.90-27.95. To the downside #support begins at 7.27, then the reclaimed #pivot at 4.91 and further down 2.10.

AVEO 3/4
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