AZY Chart, page-46

My AZY P&F trading chart.
AZY previously had a price target of 5.7c which was taken out for one day only 24/7/20.
Since had a mini-consolidation and generated a buy signal at 4c.
A little extended from trend but given how low the sentiment is at the moment, looks like the next move is to continue up.
Just poked above the consolidation pattern.
Would not like to see a reversal from here as there would be a double top and support is a long way down.
5.1c is the price to watch for and confirms the breakout. Once this is hit a minimum target of 7.1c is established.
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The short term chart is a little more interesting and has a cautionary component.
A higher high will occur under the falling consolidation leg. The stock needs to continue up and break through the down leg else it could pull back, possibly dramatically. 5.4c would be the breakout to watch for. Any less and it could be a false breakout.
You can see support at the bottom right corner.
Watch this one carefully though I am relatively confident it will continue higher.
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