AVZ 0.00% 78.0¢ avz minerals limited

AVZ chart, page-965

  1. 6,251 Posts.
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    Nice. I'll take two.

    I think ATM the TA is in the back seat to FA. But the FOMO and counter trending profit-taking is making pretty easy see-saw trading possible. I got in at 4.2, traded a package out at 7.4, stepped back in at 6.6 and out again at 9.1. Now we sit at 8.8. If there's no news Monday there's a chance it trades back down to 8.6 at which point I'll step back in.

    I think the next announcement will smash the 10c psychological barrier because everyone wants it to. After that, looking to trade out another package at the 10.6 barrier for a retrace. But it's a bit like picking up nickels in front of a steamroller. It would be just as clever to sit tight and hang on rather than time an exit wrongly. Miss one announcement and you'll get left at the dockside as the ship sails away.
 
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Currently unlisted public company.

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