AVZ 0.00% 78.0¢ avz minerals limited

AVZ chart, page-5201

  1. 46,742 Posts.
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    the downtrend from the 37c high is still in place even if it closes at 12c - but there is every indication the bottom is in and the trend is changing - Legendary chartist Bill McLaren used to say a typical counter trend rally only lasts 3 to 5 days lets not use the DCB acronym so lets see how many days it can go putting in higher highs and higher lows - I would think it starts to look very encouranging when it can get above second resistance at 14c

    someone posted earlier they though the last bounce from 8.5c to 11.5c was a DCB and this is a fundamental change - I would agree with that thinking
 
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