pimpfreud

AVZ: Ascending Triangle BO

Long
ASX:AVZ   AVZ MINERALS LIMITED
Unusual activity of late, with AVZ dropping below the main trend - an unexpected occurrence. Currently heading to test resistance at 21c if it can make 19c a strong support. Currently BO out of a bullish ascending triangle , with Wave Trend showing continual upward movement, EMA Wave also showing upward momentum. However, the Weis Wave is showing a lack of demand so volume needs to be further observed.

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