AVZ chart, page-4310

First 4310 Last

Share
Profile

Follow
4sighttrader

4,068 Posts.

547

07/06/18

14:13

Post #: 33565039
Share

Originally posted by avagadro ↑

Hitting stochastic oversold on the monthly chart as of today. First time it has done so since 2015.

Oversold on RSI and stochastic on the weekly chart and MFI bottoming out.

Oversold on RSI and stochastic on the daily chart and MFI also low.

Selling looks overdone, MFI is showing it as exhausted. It is a stochastic buy now.

Will be interesting to see what happens next. The gap down to the recent low is IMO likely to be filled back upwards.

Spinning top candle yesterday and technically a bullish engulfing today.

Watch for confirmation of the candle tomorrow and watch the volumes down to a granular level next few days. My gut feeling is we could see some big market action, if anything to create some more liquidity. There was a very suspicious amount of centre point x-trades today and some repetitive bot patterns (possible signalling).

Expand

Avagadro

Interested in your thoughts of the rsi and stochastic now?

Also from a learning perspective I am wondering if you would be so kind to explain why you thought the selling looked done and the MFI exhausted?

I genuinely await with interest, as we learn more from what we interpret incorrectly than correctly.

Look forward to your reply.

AVZ Price at posting: 8.8¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

DRO

History repeats for DroneShield investors but carnage so far subdued

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

AII

A new NASDAQ listing for a key player in the global critical minerals space

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

HotCopper Highlights: Trigg; Droneshield; Lumos & more

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

First 4310 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

AVZ chart, page-4310

Top Stories

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

History repeats for DroneShield investors but carnage so far subdued

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

A new NASDAQ listing for a key player in the global critical minerals space

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Featured News