Trading pattern in recent days really has a TO feeling in it.
Almost don’t have a chance for a real retrace. I guess we should have lost many ST traders around 6.5-6.7c however SP still holds strong. Unbelievable strength !
Consolidation for 3 months build a really strong baseline. Reckon 12-15c for this run if no TO offer comes. Of course, best case scenario might be a TH on Monday so we can all be relax
Good luck all !
AVZ Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held