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.
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SF2TH
AVZ chart, page-7198
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