Hey @pgrace. I am assuming that is honey and not egg on her face. Nice video too. You can see the passion they hold for the product.
I am by my own admission no expert but always happy to share my charts. They seem to work for me. My take away points below:
- IMO It has flat lined out nicely with volume purely despondent retail selling now.
- Compression of the 50, 100 & 200 daily moving averages represents a solid price baseline and can often be a good indication of equilibrium.
- EVE have enough money from the CR and sell off from dilution was very minimal.
- The bottom is here based off historical lows, again another low risk entry point.
- A weak downtrend line is there but it's more like a consolidation curve since the pump in Dec17 that reached .030c region. That's my target in the next 12mnths if all goes according to plan.
- 2 highlighted points I have placed to look out for. A uptick in volume precedes a future spike and the 50 dma (red line) crosses the 200dma (blue line) signifying a trend change.
Me personally this is the time where I accumulate stocks I think hold SP increase potential (and have been doing so with EVE) as all the day traders have exited. Patience is key.
Hope that helps.
I have now switched from a hold to a buy.
- Forums
- ASX - By Stock
- EVE
- Charts
Charts, page-1088
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EVE (ASX) to my watchlist
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.274M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
EVE (ASX) Chart |
Day chart unavailable