PNV 1.92% $2.56 polynovo limited

PNV - Chart, page-5262

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    lightbulb Created with Sketch. 1320
    It's unfortunate, but actually a good sign and representative of market market psycology and capitulation. Remember Nige back in the December correction?

    Resistance at the $2.50 - $2.60 level on the 5-day, 10 min chart.

    I wonder if we might spend a few days bouncing around $2.60 - $2.40 before breaking above $2.60 and heading back to the $3 mark (possible H&S pattern)??

    https://hotcopper.com.au/data/attachments/2018/2018887-cdf4d3db3f99eb092446c9d58e17eac9.jpg



 
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