AVZ chart, page-5725

"Exactly the same type of charts I post"

Not at all.

The chart you posted on the lithium EFT index was a simple trend line that relied on two points. As I mentioned if you move the second point to the new level on the chart the slope of the trend line barely changes.

The Ichimoku charts I use contain clouds that are calculated from 4 moving averages and 52 week highs and lows. They also contain three momentum indicators calculated from averages of previous highs and lows.

Here are the latest interim daily and hourly Ichimoku charts for AVZ with Hawkeye volume. Each chart shows a negative bias with the price action for the daily chart near the bottom of the cloud and the price action for the hourly chart below the cloud. A trader using these two charts would be on the sidelines, neither long nor short and waiting for a new valid entry signal.Esh