In my last AZH post (9 August) I mentioned my gut feeling that...

In my last AZH post (9 August) I mentioned my gut feeling that AZH may have bottomed at 33c.

Now there is something a bit more substantial to go on – a neat inverse head and shoulders formation.

The left shoulder was in late June, the right shoulder was on 21 August, there's a horizontal neckline at 41c and - importantly - we got a daily close above the neckline today.

The price action from the 99c top now looks like a bullish flag formation (on a logarithmic chart) - with AZH breaking to the topside from the flag in late July.

Things are looking up.