Giving you the benefit of the doubt, at worst 2.5c could have been the base of the rising trendline instead of 2.6c. you call that 100% wrong? ok, but you suggest 2c which is clearly out of the park.
My point is that the volume has dropped off dramatically, stochastics are indicating the stock is well oversold and it is at or very close to both horizontal support and longer term trendline support.
Obviously this could mean nothing as to where it goes from here, but charts form a basis of probability from historical factual data.
Enova Mining - Charting/TA Thead - 3c target then 6.3c, page-1054
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Last
1.1¢ |
Change
-0.004(26.7%) |
Mkt cap ! $10.83M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.0¢ | $248.4K | 20.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 3626997 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1650115 | 6 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ENV (ASX) Chart |