Thursday, October 4, 2007

AVR- Aventine Renewable Energy- Is this NYSE stock bottoming out?

Something is cooking in Renewable/Alternate energy field. Many stocks are showing accumulation at current low levels. Today there is a strong buy signal - Reverse- in AVR- Aventine Renewable Energy (NYSE: AVR)

See how the volume is higher than normal for last few days. Today it made a low of 8.60 but closed strong at the end of the day.

Buy/Trade (symbol AVR) with a stoploss at 8.49$.

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