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78.0¢ avz minerals limited

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8horse

34,336 Posts.

9076

28/05/19

15:06

Post #: 38782774
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Originally posted by setfire2thehive ↑

Can attest to that.

If you reflect back on any stock that has done 5 or 10 bags+. There are period's for 6-12months where you may need to sit on a 30-50% paper loss. Very hard to buy a stock and never be in the red at some point.

Most of my stocks have lost 30% at some point of my holding. Fortunately, my entries are usually fairly low and then use the dips in the meantime to avg down heavy, then wait the option of free-carry.

Might get my second opportunity with AVZ to do so.

6.4c seems like the major resistance on the graph. Well timed news could blast us through that.

SF2TH

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Couldn't agree more.

For AVZ, apart from technical resistance, don't forget any offtakes, funding announcements would take priority.

Every stock has painful time, also quality stock will reward handsomely.

GLTAH.

AVZ Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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