AZS azure minerals limited

AZS chart, page-839

  1. 277 Posts.
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    Well, the chart just clarified itself. We reached the 0.23 retrace of previous wave. And rebounded to the 0.62 of the move down off the highs. So, it's very simple: over 1.15: we have bottomed, heading to at least 1.45. Under 0.98, ideal entry is the 0.38 which comes at 0.84/0.85. If we go down that's a C wave so ideally a 5 wave structure according to Elliott waves principles. Slight preference for the 0.84 but will let the market dictate the next buy: either at lower support or on the breakout of 1.15. No need to force it.
 
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