AVZ chart, page-4922

I think it’s more helpful to just look at the chart for what it is using sinple Bollinger bands and PSAR:



Pretty clear that we have a sideways movement out of the downtrend.

MACD has crossed the EMA again which is bullish.

@h00ts posted yesterday that the average was $0.091(?) yesterday so ignore the closing price.

Notice how the candles are hugging the PSAR, this suggests they want to cross over but waiting for a catalyst. Hopefully more assays or re-entry but tax loss sellers will do the trick.

Finally take a look at RSI which is very low (just like Williams %R and Stoch indicators) suggesting oversold.

5-day chart look at RSI!



This mornings depth so far suggests last of tax selling could actually be over:



Too many candles since news of the KE sell down broke. One of the T20s sold a lot, but most others holding steady and some have added. No further change notice from KE as he is in a black out window.

4 trading days left until July.

All opinion only, not advice, do your own research