Consider the bigger TA trend cycle here..there are times to clearly stand aside and other times to watch very closely for positive TA developments..recent price action has piqued a bit of interest and rightly so..has the trend changed yes quite clearly.. will it develop into a full blown breakout? who knows..we`ve see one major Fib resistance get taken out at 074c. and its the 1st one in a couple of years..so that`s saying something!..will these important resistance breaks be an ongoing trend?..I hope so because price gathers more momentum each time as traders become aware of it..looks like a great entry for investors here but as a momentum trader still a bit early for me...but will be watching closely for a while.
AVZ Price at posting:
8.2¢ Sentiment: Hold Disclosure: Not Held