AVZ 0.00% 78.0¢ avz minerals limited

Big accumulation at $0.29 just above the gap. DOW was -250, yet...

  1. 83 Posts.
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    Big accumulation at $0.29 just above the gap. DOW was -250, yet buyers have the blinkers on (finally), FOMO is driving this ship. For all the TA's, gaps aren't the only thing to consider:
    - Volume decreasing
    - RSI trending up
    - +ve MACD crossed


    IMO 60/40 that the gap gets filled (if the Dow takes a little plunge), but our Chinese friends are slowly returning  to business and every day takes us closer to:

    - Announcement and visuals of MO18DD002 (+10%)
    - Extension announcement or Sn discoveries (+10%)
    - ASX 200 rebalance (+5%)
    -JORC resource definition (+30%)
    -JV or TO (+??%)


    +55% ROI (roughly $0.47 SP) over the next 2 months is a tantalising prospect. if anyone snatched 29c shares, forget Easter Eggs, consider it early Xmas.

    ALL IMO.
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