Nova Eye Medical (EYE) Chart Thread, page-75

@StealthInvest @kstnova

This isn't 'normal' price action to my eyes now after the big move up, but conventional thinking would be - strong move, tight consolidation, now to push higher. This would be in line with price sitting on the all time EYE VWAP (1) and finding support on the bullish AVWAP from the break (2). A positive ann would be nice to push along the TA. The arrows are what I think a healthier move would look like from here, rather than making a straight line for 50c (as fun as it would be to watch).



Something similar to how this move on CU6 played out. Push, tight consolidation on all time VWAP and breakout AVWAP, continuation, retest of previous resistance, continuation. I'm not calling a massive run for EYE the same as CU6 is undergoing, just highlighting how this particular piece of price action could end up.