AVZ 0.00% 4.5¢ avz minerals limited

Morning all, After yesterday's extremely encouraging business...

  1. 1,133 Posts.
    lightbulb Created with Sketch. 2637
    Morning all,

    After yesterday's extremely encouraging business update and podcast interview, thought I'd share some musings from a TA perspective. The daily chart below highlights the recent bullish event in June 2019 where the 50dma crossed above the 90dma and for first time since Nov 2016 (which back then resulted in a 2750% rally from 1.3c - 37c).

    This appetizer looks to be a pre-curser to the main event i.e. the approaching Golden Cross - a bullish technical event whereby the 50dma crosses above the 200dma. It appears as though the TA and FA stars might be finally coming into alignment, given recent positive updates added to overall massive fundamental improvements made to the business/project over the last couple of years.


    AVZ daily chart Nov 2017 - Aug  2019.png


    All of the above IMHO.

    GLTA

    Cheers
    Elpha

    p.s. good to see the US market rallying strong overnight.
    https://www.investing.com/news/stoc...et-rally-greets-tariff-delay-1954108[/BCOLOR]
    Last edited by elphamale: 14/08/19
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist
(20min delay)
Last
4.5¢
Change
0.000(0.00%)
Mkt cap ! $103.6M
Open High Low Value Volume
4.5¢ 4.6¢ 4.4¢ $101.0K 2.245M

Buyers (Bids)

No. Vol. Price($)
8 1217272 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.5¢ 509313 1
View Market Depth
Last trade - 16.10pm 16/12/2019 (20 minute delay) ?
(live)
Last
4.5¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
4.5¢ 4.5¢ 4.4¢ 946362
Last updated 15.29pm 16/12/2019 (live) ?
AVZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.