Top chart shows a breach of the falling wedge and the 200 day moving average and it was on the highest volume since October, clearly thats all very bearish - the bottom chart shows RSI is at its lowest point for over a year and is almost at the 30 oversold line its also below the lower bollinger band ( not shown ) a bounce around this level would be expected given it found buyers at the 18c support line yesterday.
On the T/A ( no F/A factored ) only for the bargain hunters and contrarian entry here - a stop loss set say at circa 17c would be a must.
AVZ chart, page-3310
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