AVZ chart, page-3515

Another gap and the breakout from the retracement from the initial move to 18 c.
16 c is strong as well and i do hope it holds as this was a level at which Klaus made his sales and we saw a lot of volume become absorbed. However the large volume and greatest duration spent is in the 12-14 range. So yes first step is to c whether 16 c backtest holds,if this fails 12-14 region has to hold.
the positive here is the volume is very low for a 2 billion registry.