Evening all, Despite the volatile 4c plunge over the last week...

Evening all,

Despite the volatile 4c plunge over the last week from the recent peak at 9.6c, the monthly Japanese Average candlestick chart remains green and therefore bullish. One can see from the below chart that June's candlestick has retraced to the midway point of the body of last month's candlestick, so no technical damage done here.

Also note the various indicators which have been oversold for several months and have only just begun to emerge from their oversold status, including the MACD and Slow Stochs which both look to be a month or so from crossing over into a bullish formation.




The trend is your friend as they say, and although the short term fluctuations can be frustrating and sometimes scary to watch, it's important to remember the big picture. That is AVZ is set to become a major supplier of 'Tier 1' battery quality Lithium (IMO) as the world transitions from fossil fuels to the clean disruption of energy and transportation.



GLTA

Cheers
Elpha