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78.0¢ avz minerals limited

AVZ chart, page-3499

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Warnie

17,232 Posts.

954

08/05/18

13:38

Post #: 32955223
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Originally posted by Warnie ↑

here is the 12 month chart.

See the 3 drops from the peak on low volume from Dec to late March, that was time to get out.

It was very clearly 3 lower lows breaking resistance each time.
The 3rd time confirms and you hit a downtrend, must sell at 30c was the flag.

this is 30 day chart.

Again 2 at least and heading to 3 lower lows, again confirmation its going down further.

has since been 1 x speculative rise, but trend is still very much down.

5 day chart.

Ill say it was again 3 drop points on left from 30/4 to late 3/5.

Since then we have seen it 2 x hit resistance line at 19c.

If it can hit 19c again it will head to 21. and second leg up.
If it cant in next 3 days, its heading to 16.5c IMO.

Finally the scary 5 year chart.

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As per post above 3 days ago...

If it can hit 19c again it will head to 21. and second leg up.
If it cant in next 3 days, its heading to 16.5c IMO.

AVZ Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

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