Maybe too early to call, but is showing some good signs and ones I would expect to see. Respecting the 2c price that capital was raised at prior to reinstatement. Think some people will still be wary of it, but thinks it's good value for a modest turnaround down at these price.
Disclosure I hold some. DYOR, no Lambos guaranteed, and all that. And I am...
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....
Has been trending down since the start of this year, failed several times to break out of its trend. Seeing some flattening off on low volume, then the market testing it to go lower but met buy some strong buying today. It's a good sign, but still got some way to go to confirm. Looking for it to ouch above it's 20DMA. ASX:OOK
ASX:IVX has found some tough overhead resistance meeting it's strong volume, failing several times in short succession to push on. This looks a case of somethings gotta give. It is trading well above where it was only a few months ago, and the buyers may very well be unable to punch through. Perhaps some of the resistance is coming from all the way back in 2014. ...
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...
