CVN 0.00% 19.5¢ carnarvon energy limited

Onward and Upward, page-62

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    Talking about onward and upward the descending wedge broke clearly yesterday on very high volume (6.4m) which is encouraging. Also the 24c line now represents solid long term support.Looks like others have been watching this formation and jumped on the bandwagon when it broke up. Fundamentals now coming into play but like all O&G shares maintaining upward momentum will likely prove hard. Hopefully patience will be rewarded.

    https://hotcopper.com.au/data/attachments/3325/3325742-ec96e87ec692fb4138702efdf9a24e96.jpg
 
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