Really like how the chart is developing here. The recent rebound in overall markets and lithium (Global X, plus recent peers coming out with news) is positions AVZ well for it's next move up.
The chart below highlights historical momentum indicators which have repeated itself over the last 6 months at the 15c mark, then 20c mark and now from where we are now (28c), could see a nice run up.
Slow Stoch: This is looking very positive. Based on the previous 2 times, crossing over the -50 mark has resulted in strong gains.
Awesome Oscillator: 3 red circles indicate when in negative territory and going from red bar to green bar indicates a run about to happen.
...But I guess everyone knows this and the charts just confirm it.
Next couple of weeks should be a cracker.
Bodhi_Trader
Really like how the chart is developing here. The recent rebound...
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