AVZ on the 1D - This has been a swing traders dream - I have...

AVZ on the 1D - This has been a swing traders dream - I have been long since the retest of the breakout at $0.805 with a PT at 1.618 Fib $1.335. This sell off is day traders locking in profits after a very very profitable trade. Nice Confluence with the Fib + breakout target of the triangle. We also had a nice W pattern confirming the breakout and retest. We have been at the extreme of the BB for 15 days straight. I would be looking for a pullback towards one of three areas: $1.225, if we lose this area next stop $1.145 then we would look to be turning the $1 area into support (IMO we wont retrace down to here). RSI/Stoch both was OB on the 1D.



4H - Highlights the potential areas of support I mentioned above. EMA ribbons are being tested as support, lower BB at $1.15 - IMO we should look for a bounce at this range. RSI neutral at 50ish, Stoch OS - looking for a nice green candle to turn this bullish.



2W RSI - something to keep on your radar:

As always this is not financial advice DYOR.

If we get an positive ANN - TA/PA are out the window as always.