SSkim AZZ recently tried but failed to break it's Rounding...

  1. Chalea
    2,863 Posts.
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    31/01/10
    14:00
    Post #: 6267198
    SSkim

    AZZ recently tried but failed to break it's Rounding bottom resistance.

    Falling MACD Histogram indicates falling momentum & possibly a touch of the rising MA, (note the MACD/MACDH divergence).

    Pattern wise, this should give rise to a handle being formed, another tilt at resistance & if broken a run to $1.30.

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    lightbulb Created with Sketch.  Great analysis
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