AVZ - Trade PlanAVZ is a healthy looking chart making higher highs and higher lows. A pull back is always healthy and I would wait for it to retrace lower to avail a buying opportunity. I have my Buy Zone between $0.185 - $0.120 , which is also trendline support. I will monitor its price action around my Buy Zone to ride the next swing higher.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
AVZ
Analysis request - AVZ MineralsAVZ Minerals Limited is an Australia-based mineral exploration company engaged in the business of mineral exploration in Namibia (Think "risks") . It explores for mineral reserves within Africa for base metals. TA for the daily chart shows bullishness ahead. Currently it needs to break & close above the $0.105 - $0.11c zone for a bullish continuation. The $.105 zone is historical resistance & needs to be broken before a bullish continuation. Do not discount a drop to the $0.07c zone before the continuation. As per my rules, I do not trade companies operating outside Australia as the risks are too many to control. This analysis was requested by a follower & I hope it helps.
AVZ Minerals: AVZ.AXWatchlist
Trading above 21 EMA
Double the typical volume today
Price broke the short term trend line
Watch if it can close above 5.9c
AVZ MINERALS - 10 baggerThere 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!
AVZ LongSome educational TA analysis, Note the reistence zone at .64-.67 - if the SP can crack that over the next week. Then we might see a new med-term high. The trend has to stay at .53-.54c today at least for that to happen.
ASX:AVZ AVZ MineralsEW 2 hit the golden pocket 0.65 nicely today at 0.145.
I am expecting to bounce from here to start impulse wave 3.
The falling wedge also points to a break above.
Target for Wave 3 from here is 0.715.
Remember to set your stop losses target.
IF we do not bounce here, expect next support level at 0.105.
AVZ 25.05.18 AVZ, chart isnt looking the best, MA look to be crossing. However some good FA news expected within the next month. Could change things around.
AGY should go lower until it rebounds on major support.Short term downward trend should continue.
I believe our downward channel will continue until we hit one or both major supports at 14.5c or 12.5c.
A strong bounce north may occur, however, we may bounce back down if we can't break past 18.5c.
Great buy zone under 14c, I am waiting patiently.
AVZ: Ascending Triangle BOUnusual activity of late, with AVZ dropping below the main trend - an unexpected occurrence. Currently heading to test resistance at 21c if it can make 19c a strong support. Currently BO out of a bullish ascending triangle, with Wave Trend showing continual upward movement, EMA Wave also showing upward momentum. However, the Weis Wave is showing a lack of demand so volume needs to be further observed.
LIT ETF: Further Trending Down Bullish Descending WedgeExpect a further slide down the large bullish wedge into more probabilistic BO zones (as indicated by green projection area within the wedge), then trend reversal that moves within the trident. The current movement is a completion of a bearish ascending wedge, which correlates with a continuation of the downward trend. The VFL shares the current bearish sentiment as does the Wies, with an overall decrease in buying and selling volume - such things also indicate a possibility of a large movement.
