AVZ 0.00% 78.0¢ avz minerals limited

AVZ chart, page-11202

  1. 1,247 Posts.
    lightbulb Created with Sketch. 186
    FWIW,
    A couple of things that I watched over the last couple of months.
    Macro more than micro:

    https://hotcopper.com.au/data/attachments/3694/3694386-e078a320b2c646f7b5211217414fcaa0.jpg





    Price
    Each increase was followed by a pull back of about 50%. Don't do fibs as I prefer to eyeball.

    MACD
    Lines increased reaching a new high with each rise.
    More bullish than histogram which also increased.

    Force index- predictably also increased with each rise.

    Volume for the first four rises, marked by faint red ellipses, was pretty constant but the fifth indicated a rabid attempt to accumulate.

    Presently, all indicators are rising. Laughably MACD-H has yet to turn green.

    Where to?
    UP
    But this now depends on how close ML is.
    If it's not this week they'll be playing with your head. If you let them.

    Green price arrow is not a forecast as we are now effectively in uncharted territory.

    If AVZ falls pre ML I'll buy more but not prepared to trade this now

    We wait.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.