fibonnaci analysis suggests that it will either...
fall to the fib 50% level at 33c - place an order here just in case and look for the bounce
or
rally to the fib 23.6% level at 37-37.5
however if the rally has strong momentum, it could to 41c for a double top or go all the way to 48c
I will be looking for a strong oil price and an annoucement that says the current wells under production test have good flows - akin to the last announcement which would rocket cvn way over the target 6000 bopd!!!!
what type of buying is this, page-11
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $636.5K | 3.866M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 624083 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 745415 | 12 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CVN (ASX) Chart |