I mentioned Elliott Waves for AVZ a while back around 36c ... and a possible turn at 26c at the bottom of the first A leg down of a corrective A B C cycle.
It's turning out exactly to the textbook concept of Elliott Waves.
I suspect the small rally to 31 c was a dead cat bounce, that represented B up, now we go into C down probably to 20c or so ... the bear rally - B from 26 to 31c was always potentially a fast rally - so IMO ... unless news overtakes this ... we're going C down now I expect.
That's when I'll be rebuying. Perhaps a couple / three weeks for the C leg down.
AVZ chart, page-2402
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