AZS 0.00% $3.69 azure minerals limited

AZS chart, page-1068

  1. 242 Posts.
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    Rebound kind of looks corrective so far. Most likely is 1.89/91 then another C wave under 1.6. Which should give us the daily RSI signal.
    Second most likely outcome is we are already in the firework stage. needs to break out 1.92 and move impulsively in 5 waves, not 3. We have already hit the 50% retracement of the wave to 1.99 so this is absolutely possible. Target is over 3.3 very fast if this is the case, and we'll likely see a relatively large gap up for the breakout over 2.
    Third most likely is we are in the larger red iv correction and I was missing 1 micro wave when I was expecting it before the run to 1.99. but that would mean a break of the daily RSI support and a correction up to 1.34 or so. Not buying it until proven by a break of 1.5.

    No strong conviction between those 3 paths at the moment. The share price will let us know.

 
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