Nova Eye Medical (EYE) Chart Thread, page-310

I'm on the prowl again as this .21 cent level has provided decent support over the past few weeks. We'll see.

Hourly chart.


It's a pretty tough book (Market Depth) at the moment as there's very little liquidity therefore gaining a worthwhile position is difficult. Need to wipe lines to get anywhere so hopefully that changes soon. Seems to have changed since last time. Might need to do some fishing for what's off screen, be good to know. If someone wipes .215 with a decent order what sort of supply arrives?

Three tough candles on the daily and a close below bollie bands. Hmmmm, don't like that. Wicks outside are a nice entry indicator, closes below generally mean it has further to go. The .21 cents might get tested.



Please keep in mind that my comments have nothing to do with any announcements or fundamentals and I don't want to come across as negative at all. I'm simply reading the chart and price action (PA). Keen to get another entry as I really like the stock. My family has has a very strong association with the Fred Hollows Foundation so anything like this interests me.

Cheers