PaulCruz
Long

Bulls make their move on $AVL

ASX:AVL   AUSTRALIAN VANADIUM LIMITED
For those who are familiar with my bearish sentiment on AVL, I have left my bearish notes (with up to date corrections) on the chart. The support at 0.039 held, so I was wrong there, anyways, moving along:

  • Bullish expansion on the Bollinger Bands

  • Breakout at 0.046

  • RSI Breakout

  • Decreasing volume , with highest volume breakout since the price was above 0.052

  • No higher volume on OBV, but a moderate spike up and sitting on previous high

  • MACD cross (not shown on chart, I'm too cheap to pay for pro)


Price target at 0.057.
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