XAO 0.61% 7,897.5 all ordinaries

LG22 PLS put in 3 energetic price peaks accompanied by 3...

  1. 982 Posts.
    lightbulb Created with Sketch. 25
    LG22

    PLS put in 3 energetic price peaks accompanied by 3 declining RSI peaks on the weekly. (Orange circles.) This is a negative divergence of immense force. Later, the trend line broke.

    The AVZ weekly as done all of that as well - BUT the trend line has not broken.

    The vertical orange brush stroke lies about 6 weeks after the peak. Same spot for AVZ right now.

    For AVZ 25c is the Rubicon.

    PLSwkly.JPG

    AVZwkly.JPG
 
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