16C held as I was expecting momentum to keep pushing it down. That dead cat bounce and pull back down did not threaten 16C so most likely price will now seek to break the key 19C from here. A similar scenario was in late March on ORE where the exact same pattern happened. Until price can snap back through 19C and close above this level, it is premature to form a bias but those consistent lower peaks are very distinct. Good luck the bulls.
AVZ Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held
