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78.0¢ avz minerals limited

Nice ... like the cut of your jib . In at 2.7 , 4.5 and couldn't...

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ShadeyP

1,897 Posts.

77

05/08/17

15:55

Post #: 26312751
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Originally posted by Un1qu3Nam3 ↑

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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Nice ... like the cut of your jib . In at 2.7 , 4.5 and couldn't resist topping up again at 9 .
Gonna sit back and watch this roll to 13-14 c over the next 4 weeks .
IMO There will be news this week and every week over the next month

AVZ Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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