Interesting trading day on Friday for AZG, big dumped down to 0.14... then big buyers went in & pushed the the SP up to 0.55. If you look at the chart, the SP follow the short term downtrend tunnel. If Dow & the rest of Europe going positive tonight (most likely after the Euro deal), we will definitely continue our rally next week. We may see a SP breakout from the downtrend price tunnel... but need huge volume for decisive result, which will turn the whole thing into uptrend tunnel to test previous resistance of 0.275... going into reporting season in late August. My speculations have been proven wrong many times, but hope I'm right this time. DYOR
AZG Price at posting:
15.5¢ Sentiment: ST Buy Disclosure: Held