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Short Term Trading Week Starting: 18 June, page-175

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bossivic

32,754 Posts.

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20/06/18

15:42

Post #: 33831219
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Originally posted by avagadro ↑

AVZ's broker data is a mess. I don't think it is easy to draw a conclusion from it right now IMO.

But the chart seems to be consolidating after the 'Klaus Engulfing' candle stick.

That being said, anyone expecting some sort of instant multi bagger on AVZ from here is deluded. This is coming out of the end of it's exploration phase with JORC in a few weeks. Then it will be the same ol journey all explorers take changing to production ramp up and the years of gradual SP recovery and strengthening that come with it.

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the data on AVZ from Jan has been pretty telling

and I didn't like that big 23M dump on Friday from Meryls

XAO Value at posting: 6,265.9
2 Upvote

0 Great analysis

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