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78.0¢ avz minerals limited

Excellent and exactly my thoughts too ! TU

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lecram

3,185 Posts.

189

04/01/21

19:59

Post #: 49937326
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Originally posted by Chillaxed: ↑

VWAP 17.47c on good volume of 65mil

Likely would have closed around 17.5c had the dump at 3.52pm not occurred.

Large dumps like that are not indicative of anything these days.......except someone taking a lot of cash somewhere else.

Large holders and Soph’s have dumped plenty in the last few months in the mid to high 9’s and at 10’s......with the conversion of tens of millions of Oppies also dumped around 10 in the last few months.

Large holders don’t know anymore than you or I.........and the large holders who have dumped over the last few months have forgone some very large sums of profit based on where the SP currently trades.

Nige is keeping a very tight ship these days........but also publicly signalling what is to come.

And there certainly is plenty to come.......Exciting Times

Chart indicators nosedived from the dump....looking oversold on the 15min and mid range on the hourly.

The Bot action was pinging for dumps all day.......and it’s a lightening fast Bot....must be one that sits inside the ASX imo. Super fast Bot pinging for supply.......well that tells me big off screen orders to fill imo

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Excellent and exactly my thoughts too ! TU

AVZ Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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