ASX stock Analysis AVZ

ASX stock Analysis AVZ

Time Frame : Daily Chart

Watching for BUY Entry Setup

AVZ is up at recent highs and weekly resistance that it looks destined to break. The momentum up towards the 10 cent level is starting to wane so we are watching for a lift in volume to support a minor pullback as price consolidates just around 9 cents. Buyers are soaking up pullbacks and providing some support so on the cards for now but I expect that if price starts to show more strength, there will be some good buying for a move up through 10 cents.

Stock : ASX stock AVZ

Current Price : 0.095

Status : On watch for a move above