Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Hi Andy... where do you see the h+s on the act chart?

First 3124 Last

Share
Profile

Follow
sameroo

208 Posts.

5

17/04/18

21:28

Post #: 32511235
Share

Originally posted by andy20020 ↑

Your charts are great Hoots - thanks for them.

Here are some thoughts.

A while ago I expected the retrace on AVZ to follow a 3 wave (ABC) Elliott Pattern ending around 20c.

We're near there now, but the retrace has NOT been to plan ... it's a five cycle pattern more common to a bear chart. Gradual declines, sharp rallies etc.

And looking at PLS and AGY all I see are potential head and shoulders patterns, particularly PLS right now.

So I'm wondering ... is the sector overdone? (Remember the new AVZ CEO sp objective - wasn't it around 40c?)

I guess we start to see what's really going to happen between AVZ, PLS and AGY by the end of the week.

The lack of volume is defening!

Expand

Hi Andy... where do you see the h+s on the act chart?

AVZ Price at posting: 21.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 10,222 more messages in this thread...

First 3124 Last

Add AVZ (ASX) to my watchlist

SPONSORED BY