Well here's the justification for the caution flags and they remain in place.
Yesterdays action was an orchestrated chokehold to the downside from the aussie open until they were ready to let loose.
This may be a pre Basel 111 assault to lose as many holders as possible so it could be a bit on the ugly side. We shall see.
For those of you who took the profits, another buying opportunity looms and the buy the dippers the same thing.
I don't think that the falling $aud will help much today.
Ironically gold on the daily was already out of overbought before the major smash was launched.
Evn is also out of overbought on the daily and is likely to get more out today.
EVN chart, page-1950
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Last
$3.87 |
Change
0.110(2.93%) |
Mkt cap ! $7.685B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.90 | $3.80 | $34.54M | 8.974M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 182060 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 22974 | 5 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| EVN (ASX) Chart |