Hi All
Last week saw AVZ SP go from 60 - 78 high and had a momentary challenge of the 78 fib resistance before bears pushed back to finish right on 61 fib resistance and virtually matched the ATH.........this on the back drop of nearly 590m volume and the MACRO being a bit weak....
RSI 14 at 83 is very high tho....
Dow down 600 pts for the week
Sub wave 4 down still playing out with the Global X.............could drop as low as 78
Daily chart for AVZ
5 working days before Xmas, RSI 14 at 63 still has room to move.........will the ML drop this week and candy crush beishas target price ?
Time will tell.
imo