AVZ 0.00% 78.0¢ avz minerals limited

AVZ chart, page-13075

  1. YLJ
    819 Posts.
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    https://hotcopper.com.au/data/attachments/4194/4194079-561e55e8ca66f5d14203fde03e7db840.jpg
    AVZ has formed another Ascending Triangle with a breakout today. Decent volume if you ignore
    the distortion created by the extra high volume bar two days ago. The construction of the Triangle
    is questionable on the daily chart but much more valid looking on the weekly and supported by
    the 5-week SMA. I am long today with a stop @0.89.
    So far, the close looks to be on the weak side but I will give it a day or two.
    The measured target is between 1.21 & 1.305.
    GLTA
    Last edited by YLJ: 22/03/22
 
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