$AVZ is technically bearish despite compelling fundementals

Short

AVZ MINERALS LIMITED (ASX:AVZ)

Updated

ASX:AVZ AVZ MINERALS LIMITED

trendanalysis movingaverage supportandresistance

I don't hold nor do I short this one, but I'll be watching closely at the levels posted above for an entry. GL

Comment:

Every time the support broke, a long red candle confirms the bearishness within the next couple of days. This looks to be a good setup for a short-term RSI bounce trade.

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