With so much media news on major car manufacturers switching to electric vehicles, lithium stocks like AVZ will be in some much demand that they can only go up in the short term. With a new drilling campaign commencing any day now- a good chance that bull flag pattern will play out.
Critical update expected this week, not just for Novo to protect recent gains but also the Pilbara gold plays in the north west of Western Australia. $DEG $ARV. A positive result of it's 3D map of Purdy's and Comet Wells will help re-rate across the board.
Appears to have broken that downtrend. Drilling to commence any day and will continue through to the Xmas and New Year period.