1. We are still trending nicely within the green trendline channel.
2. If this trendline of 6 months is valid, the top of the trendline will be at around the 3.45 region before we see some retracement. As seen from the chart, the trend channel top have been tested 3 time over the last 6 months and remain valid. I will foresee a similar pattern again.
3. Resistance @ $2.45 while support will be @ $2.28 level.
4. As it approach the $2.45 level, I have started to layer out sell order which started today at $2.39 mainly because of the liquidity level on this stock. Please do your own research.
5. Cheers to all that bought at the base of the trend channel.
Cheers
AIZ Price at posting:
$2.39 Sentiment: Buy Disclosure: Held
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