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Technical Analysis - CVT

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    lightbulb Created with Sketch. 25
    Retest of 38c, or 40c (round number attraction)?
    MACD just about to roll over - but on v/low volume.
    SP rejected at top Bollinger Band - often leads to consolidation before another leg up.
    No apparent distribution, tree shake, week hands or panic selling - low vol.
    Just a softening buy side. A lull due to expectation of more news?

    All good - a buying opportunity.

    Any thoughts?
    Last edited by chillam: 19/02/16
 
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