I think you've already answered your own question. Gold AUD down less than half a percent today, EVN down 5% after almost reaching the upper resistance trend line in the trading range in past couple of days. THIS STOCK IS BEING TREND TRADED. See below and pay close attention to the preceeding 15-16 months. Its being traded like clock work.
Ann: March 2016 Quarter Summary-EVN.AX, page-55
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 (20min delay)
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Last
$4.00 |
Change
-0.090(2.20%) |
Mkt cap ! $7.943B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $4.02 | $3.86 | $52.85M | 13.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 71866 | $3.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.00 | 217607 | 8 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| EVN (ASX) Chart |