AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-43735

  1. 24,192 Posts.
    lightbulb Created with Sketch. 5566
    One of the best and most reliable contrary short to mid term trading indicators signals there is IMO...



    1.Sell when:
    a) Up-rampers when go into overdrive (ie Overly Optimistic - "Rocket" , "To moon" etc)
    b) on a short to mid term price high and
    c) when the RSI is sky high


    and conversely,

    2. Buy when:-
    a) Down-rampers are in overdrive (ie, Excessively Pessimistic - "Co will go insolvent", "Mgmt incompetent sack em" etc )
    b) on a short to mid term price low and
    c) RSI is rock bottom.



    The latter being the case right now. Of course the underlying company in question must have good fundamentals.

    And well AVZ Lithium/Tin narrative is amongst the best, in lithium generally and the best in Hard rock (excluding Greenbushes).

    So "Money for Jam"?

    All is IMHO




    Last edited by Freehold: 06/05/21
 
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