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78.0¢ avz minerals limited

AVZ chart, page-9109

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Roller62

8,980 Posts.

2107

21/10/20

19:35

Post #: 48280802
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Originally posted by treewallaby: ↑

You're ignoring the MACD which is below what you have circled. What makes technical analysis so difficult even for those who do courses etc is knowing what chart to look at, because it chops and changes. The answer for me personally is about 4-8 different charts within the one minute. They help you get a feel what is going on. It's a game of prioritization, working out what matters most (when assessing indicators) at any given time and what will happen to the other dominos once the domino you're looking at falls. It takes years of experience. Dominos can be positive (which is how I was able to get the rally bit right) and negative (which is how I have been able to get the decline bit mostly right - the extra run to $0.105 was a last hurrah I forgot to factor into my analysis - still working on this as a trader). These are just my thoughts and learnings, dyor

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Oh you noticed the MACD - it goes hand in hand with the stochastic because they are both indicating well with AVZ when to BUY.

AVZ Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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