XAO 0.73% 8,153.4 all ordinaries

Short Term Trading Week Starting: 14 May, page-81

  1. 24,192 Posts.
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    AVZ : Tech update  - Why I think AVZ will bounce out of support zone ...Basically continuous support from here down getting stronger if we descend.  There is a very strong support zone just below us where 3 months of trading occurred historically which had heavy volume.  A "very solid" foundation exists IMHO. Tie all that together with the stream of FA anns coming ...including the metallurgicals in May, maiden Jorc in June + all those holes to be reported.  With another drill program to follow and fully funded. And JV partners circling and it really is a  no brainer.  

    Support in Green, resistance in Orange

 
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