PV1 0.00% 2.3¢ provaris energy ltd

is today the day?, page-4

  1. 11,400 Posts.
    lightbulb Created with Sketch. 565
    Gloat..? how so?

    You were wrong about it retracing at all.. you said it would never hit 1.5c and it did... you are right this time but your wrongs have far out-weighed your rights IMO..

    As for techicals:

    TTE has huge resistance on 2.0c and not many buyers lined up even at 1.9c... so it could be time for another retrace back to the 1.6c level. It really needs to see buyers stepping up at 1.9c and then eating in to that 2.0c level over today and tomorrow...

    Brighter news though, even if it does have a short retrace, the bounce off 1.6c (if/when it occurs) will confirm an ascending triangle pattern.. which is a bullish breakout pattern.. which could see 2.0c smashed quickly..

    Time will tell, if 2.0c cannot be broken and we see 1.8c again I would bet we will see 1.6c again..

    If we can have buyers stepping up to eat away that 2.0c level, we could see a bullish break.

    Fundamental catalyst could achieve this also.

    Disclosure: I own oppies at 0.5c as I feel they are undervalued in current trading pattern. Risky play (extremely risky) with short term of the options, but If i lose .2c per share I wont be in much pain at this point.
 
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Last
2.3¢
Change
0.000(0.00%)
Mkt cap ! $14.46M
Open High Low Value Volume
2.4¢ 2.4¢ 2.3¢ $24.17K 1.026M

Buyers (Bids)

No. Vol. Price($)
2 92000 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 130400 1
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Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
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