Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

AVZ chart, page-10056

First 10056 Last

Share
Profile

Follow
wombat74

4,518 Posts.

1579

11/01/21

21:23

Post #: 50095441
Share

Originally posted by beisha ↑

Just following up from my previous post, if you look at the black arrow, you will notice the very thin candle called a doji, for a fleeting minute it hit the 61 fib target ( 21.7 ) , doji candles mean decision time, usually they are reversal candles and it commands my attention every single time, with every indicator maxed out, there is only one place to go if AVZ want to go much higher in the future and that means a back test, I have highlighted the support levels AVZ may fall back to, dont shoot the messenger, what goes up vertically must come down, regardless whether you are in a BULL market or not, I can never understand why people complain about retraces, for me, this just represents a beautiful leveredge opportunity to top up for the next leg up, but I will sit on my hands and observe and wait for confirmation, I never chase, up or down, price comes to me, I am in control, not the other way around,

IMO

GLTAH

Expand

A pull back before the next leg up is perfectly reasonable . Just don't tell Roller62 or he will take a photo of this post and put you on report . If there is lag time before the next announcement it might prompt a few to sell with the hope of buying in lower . Personally if we drop below 17 cents again I will be topping up . IMO

AVZ Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

There are more pages in this discussion • 3,290 more messages in this thread...

First 10056 Last

Add AVZ (ASX) to my watchlist