Excellent post. If this was the chart for a stock unless one bought near the highs most would expect it reasonable to correct to trend support. So yes more losses and need to settle at the 2300 levels and actuall consolidate.
Further if you believe in what avz has, why does it need to correct significantly when it is seen as potentially undervalued for what it has based on historicalsand more important technically approaching oversold levels.
There are some gaps at the low 23000s. So it will hit that most likely. The quicker it does and the quicker it settles the better.
- Forums
- ASX - By Stock
- AVZ
- Running Commentary on the SP Movements.
Running Commentary on the SP Movements., page-14277
-
- There are more pages in this discussion • 4,277 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)