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AZS azure minerals limited

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$3.69

AZS chart, page-843

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1,133 Posts.

285

21/06/23

13:01

Post #: 68398458
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Originally posted by pademauge: ↑

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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That sounds like a classic fence sitter response. So what’s going to be?

AZS Price at posting: $1.11 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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AZS chart, page-843

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