AVZ.ASX Closed at 0.19 up by 15.15% in today's session but still got a long way to go to confirm a change of direction or reversal to the upside.
I would like to point out three critical price points to monitor for future references
1. Prices need to hold above 0.19 before any attempts to break above 0.21. failure could see prices fall to 0.175
2. failure to hold at 0.175 could see prices fall to around 0.160 support
3. 0.21 is the most critical price point that will determine the potential reversal of price direction to the upside. prices need to break and hold above this point before we could see further moves to the upside.
I would like to point out three critical price points to monitor for future references
1. Prices need to hold above 0.19 before any attempts to break above 0.21. failure could see prices fall to 0.175
2. failure to hold at 0.175 could see prices fall to around 0.160 support
3. 0.21 is the most critical price point that will determine the potential reversal of price direction to the upside. prices need to break and hold above this point before we could see further moves to the upside.