ASX:AVL   AUSTRALIAN VANADIUM LIMITED
AVL has had a nice run up in price and has recently pulled back about 40% before finding support on the 50% FIB level..

Bullish Indicators:
Double Bottom on 50% Fib
Higher Low on 50% Fib
RSI creating higher low on 4 hour chart (showing strength)
Monthly RSI cooled off.
Volume has dropped off significantly. (usually see this before a big pump)

I noticed this exact set up on another chart KRC screenshot below



Entry .036 - .037
Target .065

Stoploss .034
Stoploss
Trade active: KRC Weekly RSI Cooloff



AVL Weekly RSI Cooloff
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