Running Commentary on the SP Movements., page-6695

This should be the end of the downtrend in AVZ. The retracement back to 0.25 was a clear movement that was evidently seen by many technical analysts.
1. The bearish three-line strike (2 Nov - 7 Nov)
(https://hitandruncandlesticks.com/bearish-three-line-strike/)
2. The Dark cloud cover (7 Nov - 8 Nov)
https://www.investopedia.com/terms/d/darkcloud.asp
3. Calculated 0.25 retracement using Fibonacci
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:fibonacci_retracemen



HOWEVER: It is evident that this is the point of reversal.
1. The support at 0.25 matches with the fibonacci 23.6% retracement level.
2. Stochastic returning to a level of 56 (Previous turning point)
3. The hammer candle appearing at the close of today's trade. (Needs confirmation tomorrow)
https://www.investopedia.com/terms/h/hammer.asp

At this point, I believe that many technical traders will now enter into a long position and trade the rise that is yet to come.
As a holder of the stock, I was reluctant to post this a week ago as I didn't want to cause downward pressure on the share price, however now in my opinion, a clear reversal of the price is the next move.
All IMO and as always DYOR.
GLTAH