$AZL $AZL.ax-Respecting the 50Day -Previous level retested. -Breakout out above Bo1 line with Volume.Longby gillman_hughUpdated 2
$AZL - Pennat set up $AZL looking a pennant set up. Looking like it could break out of this set up soon. by Damozttz112
AZL @ 18 NOV 2021Text me if you have any questions/comments for me. ----- AZL - First time doing an analysis on AZL - Stock doesn’t have a good history of uptrends - Since stock IPO-ed in 1990, it has had periods with sudden exponential price movements that can give very good gains and very bad losses all in a short period -> not a stock that would fit conservative traders/investors - After the recent push from mid-Oct 2021 to a 4.5 year high, the stock is close to it’s psychological support of 10 cents - A successful rebound look to be around 13 cents - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if comfortable with huge price swings by Jerm88553
Triangle breakout PredictionWe can predict the direction of the breakout with a cumulative indicator such as the OBV. Here you see the OBV increase from the first high to the breakout candle, this proves significantly accurate. so OBV rising can be used as another step for verifying the congruency of your prediction.Educationby Jimster453