PV1 4.55% 2.3¢ provaris energy ltd

good volumn today, page-11

  1. 11,400 Posts.
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    To add to you lurker:

    TTE has definetely had a hard time over-coming 2.2 but in the last year, the three times it has ran at 2.2 the last two have been much quicker in succession..

    This run, being the fourth, has come quicker still..

    This leads me to believe the ascending triangle pattern which was predicted by myself and several other chartists is still in play with new rising support at 1.8c and a break of 2.2 (on volume) would lead to a breakout..

    breakouts on volume can lead to huge increases but ill put my first target at 2.6c..

    If it breaks below the pattern, (definete evidence of this would be a close at 1.6c, i.e. making the same low as last time) we would see support at 1.2c..

 
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