AVZ chart, page-3598

I’m amused by my own optimism on 03/04/18 (Post #:32317324 ) that SP below $0.20 would be an area of interest. Now even $0.18 looks a bit pricey. The saying “market has its own mind” remains well-tested.

As of yesterday 10/05/18, the chart tells me (my own interpretation anyway) that previous support is now becoming the resistance, a potentially stubborn one.  Quite typical price action behaviour relating to any traumatised stock.

I’m happy to put cash back in my pocket and observe how other participants in the market test the level.