DECRED setting up for C corrective wave
RSI and EMACD are bullish and the price is on an up trend flag.
AVZ is one stock that has not had a settled time in recent weeks at all, with the ASX hitting them with a number of queries, and the charts are reflecting this. There is a bit of a messy Head and shoulders pattern formed. I had expected it to bounce by now, the continued fall is rather concerning. Another concern is there could be a long way to fall if it dips...
For the first time in quite some time we have seen it drop below that longer term bullish trend. Albeit on low volume, it has started to test below 9c again after failing to breakout. I can see it continuing to test below 9c next week, especially with continued market uncertainty. Over the course of the next few months I am still quite bulish on it from here....
ASX:BMZ has had an interesting 2 days of trading, massive volume never seen before on the stock. Was looking good until the late selloff. Proximity to AVZ , 4CE , and $TTX. Plenty of interest in whether they can find much Lithium down there. Keeping my eye on it. Has held it's uptred pretty well despite it's rapid rise, just starting to show signs of...
MACD curving up and great volume Need breakout confirmation Hold is a good idea