AVZ 0.00% 78.0¢ avz minerals limited

AVZ chart, page-7778

  1. 46,432 Posts.
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    Everyone interprets the squiggly lines in a different way some indicators work for some and not for others - I consider 9.6c - to 11.5c to be a significant resistance zone particularly given the dilution created by that disastrous Pattos cap raise at multi year lows . there are a lot more shares on issue now compared to last time it traded above 11.5c

    as others have highlighted the move from 1% price pips to 5% above 9.9c normally requires significant volume and churn to break through first hurdle to jump is to close above 9.6c
    Last edited by h00ts: 16/02/20
 
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