Jerm88

AZL @ 18 NOV 2021

ASX:AZL   ARIZONA LITHIUM LIMITED
Text 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
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.