gilby, that was a really good observation and here's the chart to back it up...
What I like about it is the regularity that the cycle occurs on. The big blue circle that matches the XGD bottom and the start of the AZH rise is supposedly about to occur again and one would wonder why the impact on AZH would not be any different to the prvious 4 times...
Each AZH price increase is at a steeper slope to the provious as well so this implies that $1.10 is not out of the question.
Oddly enough, it may just need the XGD to get down to 5600 to make it happen... Pull that trigger and then away we go.
Thanks for the pointer gilby, I may hold my buying till the XGD gets a bit closer to 5600.
AZH Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held