PNV 5.81% $2.27 polynovo limited

PNV - Chart, page-14083

  1. 2,994 Posts.
    lightbulb Created with Sketch. 2159
    Hi Folks

    Have not posted weekly PNV charts for quiet a while. Signs are good.

    For 10 weeks the 10WMA is rising. Ten weeks ago the weekly hi -lo candle first traded entirely above the 10WMA and is continuing. Very Bullish.

    I will only turn bearish if the weekly Hi-lo candle trades entirely below the 10WMA.

    Next the `10WMA is about to cross above the 40WMA (Very bullish)

    Also the Stoch's , MACD and RSI(5) are all positive.

    Nothing to dislike here, however we still have the world markets to deal with.

    Just the way I deal with the market so that I am not surprised by what plays out. As always DYOR.

    cheers Lies


    https://hotcopper.com.au/data/attachments/4525/4525014-11c117b1d1693cb8fca47e604f67c267.jpg



 
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PNV (ASX) Chart
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