AVZ MINERALS - 10 bagger

There is a 10 bag opportunity here on ASX stock AVZ

Firstly I made another analysis in support of this idea. This is a lithium stock and I've analyzed and shared the major lithium etf in another post.

I’ve made a shorter term analysis here on the daily however please zoom the chart out to see the pattern cup and handle . If this pattern is real and executed in the medium term it is 10x

Just as in lithium etf I’m expecting a pull back but I will start to DCA in on this one from here because there is not much downside as I see.

We have had a nice pump with strong volume and breakout of the downward trend in may 2019 and the most recent one 2 weeks ago. We didn’t make a higher high but we have printed higher divergence on RSI and MACD . As I believe this one is giving a last opportunity to enter before big upside potential.

We are currently in a symmetrical wedge and coming closer to the apex. Expecting a touch of the 78.6 from this latest move at the 50/100 DMA If we break down below these levels and close I will be getting out also!

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