potential reversal with outside bar (nice wick) on Friday. Lows 2c off filling a gap so be aware there might be a reversal with the stock regaining say 20-30% before going on to fill the gap at 24c. With breakaway gaps (the one not filled) sometimes they never get filled so its important to keep an open mind. This could end up being a decent reversal missed because you convince yourself that 'filling the gap' is imminent when the reality is it could be six months away. I would wait for a three bar reversal. PP is a close above 31c.
- Forums
- ASX - By Stock
- AZS
- Ann: Andover Ni-Cu Project Drilling Update
Ann: Andover Ni-Cu Project Drilling Update, page-108
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online