Market is forward looking instead of backward. This said, looking at AVZ chart's past performance, most of the time, when the SP was outside, touch or near the lower Bollinger band, the SP performance during the next 10 days usually see it moves toward the middle of the band (green squares).
With assay results potentially coming in the next 2 weeks, perhaps we should see the SP at least moving toward the middle of the band to 21.5 - 22c in the next 5-10 trading days?
AVZ Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held