CVI
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0.00% 0.3¢ cvi energy corporation limited

only for chart believers..others pls ignore, page-57

  1. madmacs
    25,374 Posts.
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    23/07/08
    15:30
    Post #: 4025881
    Burnett
    this is Dascores thread
    he put up another simpler chart for us yesterday
    showing the same downward trend channel in a series of lower highs, they meet at a horizontal base currently at 11c.

    That point is the current support level and the TA pattern is a decending triangle..from which breakouts commonly occur.

    The odds are unfortunately in favour of a breakout in the prevailing trend direction.
    CVI Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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