AVZ avz minerals limited
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For sure. Wave C psychology here, and the traders know it. I...

  1. juniormint
    713 Posts.
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    01/05/18
    13:15
    Post #: 32798998
    For sure. Wave C psychology here, and the traders know it.
    I wasnt picking a break of Wave A but we have one.

    Wave C: Prices move impulsively lower in five waves. Volume picks up, and by the third leg of wave C, almost everyone realizes that a bear market is firmly entrenched. Wave C is typically at least as large as wave A and often extends to 1.618 times wave A or beyond.

    Wave As move was 12c. Wave Cs move looks to be 1.618xWave A = 19.5c.
    Our 37c High (start of Wave C) minus 19.5c = 17.5c target. 18 may be the target which has been reached.
    AVZ Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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