AZL Daily chart first, kissed the 15.5c nicely on low volume...

AZL Daily chart first, kissed the 15.5c nicely on low volume before finishing high providing us confirmation of the support line. Should provide us with another test bar before looking at the above resistance line.

AZL Daily







AZL Weekly
Once again, nice finish well off the low of the bar and confirmed support.
What I am looking for here now is a close above 18.5c on the weekly chart. This wil confirm to me it is ready for an attack on the heavy black line above us at 20.5c. Very important to mention here, we want closing bars above these lines, not visits and retreats.
Once I see a close above 18.5 and 20.5, Its only then that I will start looking at the next high of 26.5c. There was a lot of volume go through above ~19c, so will be a very important time/area to negotiate.