Hi mate,
Yes it broke through the support zone and the next short term one shown in orange at 4c.
All indicators showing oversold which has typically been a decent entry level.
It dropped out the bottom bollinger also so should bounce back based on that.
If no news i think we might see 4c. Given the lack on volume lately - we're currently just moving with the greater market sentiment. AJM on the move looks good though hopefully some positive news in a quarterly can improve the sentiment in the sector.
I'll average up at 4c medium term target the blue lines.
needs to get into the yellow circle area to look healthy.
SF2TH
AVZ chart, page-7198
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