could the downtrend be over?

AZM has been in a downtrend since hitting 82.5 cents in November last year.

This is the first time since April that a higher high than the previous downtrend high has been reached.

With higher lows as well since the lows of late September early October there is every chance AZM is in the early stages of a new uptrend.

Despite the strongly rising gold price over the last 12 months many junior gold explorers have been slaughtered. It's more than time for the best of these stocks to play catch up to the gold price imo and AZM is one of the best juniors around, despite the negativity in many posts about AZM which imo is another bullish factor.