AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-6309

  1. 10,378 Posts.
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    In the medium term, the fact there were off market purchases of the shares sold by Klaus indicates the SP will surpass these. Directors rely on funding support and I am very confident Klaus will not burn the hands that feed him.
    The TA on the other hand is terrible though we are innoversold territory. In the short term if one is a believer of the FA and in long term valuation, you just need to have conviction in your method. I myself tend to operate on TA (bounce trandes and breakouts). I hold Avz merely for these purposes and for a short term sp performance there’s is immense volatility. We said 11 c was a target as there tends to be 50 percent recovery or retracement following long bodied candles. The key is it is retesting the 9.6 close of Thursday and it seriously needs to hold this
 
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