AVZ 0.00% 78.0¢ avz minerals limited

If 8.4c drops, would say zone between 7.8 & 8.4 should see...

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    If 8.4c drops, would say zone between 7.8 & 8.4 should see decent support.
    When it was trading in that area a week ago, sell pressure really dropped off before taking off
    Also notice the 20ma which is at 8c (Blue line) approaching. The 20ma did a decent job of supporting the share price prior to the breakout, so might come back into play again as did the 50 ma (yellow line)
    Although this push hit resistance @ 10.5c like last Feb's push, would say at the moment, it's been a far more constructive move so far.
    Volume the past few days though was pretty heavy though, so gonna stunt things for a bit I think till sell pressure noticeably drops off again
 
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