CLV 0.00% 49.5¢ clover corporation limited

all most perfect, page-2

  1. 5,893 Posts.
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    Hi dingo.I don't hold either.

    I'm a bit wary of the sustainability of yesterdays spike - especially in light of any further tax loss selling next week.

    CLV's price plumetted to a low of .14 following a pretty ordinary 1/2 yr report in March. Following this,the opening of a new soy plant and some directors buying have fuelled a couple of minor rallies which were good short term trading opportunities but nothing more.

    Yesterdays spike looks like a classic technical bounce from a low base.

    Maybe another trading opportunity there but as I mentioned we still have some days left before the financial year end and I would have thought CLV would come under more selling pressure till then.

    Tight stops imo.
    Cheers
 
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49.5¢
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49.5¢ 49.5¢ 49.0¢ $47.5K 96.11K

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49.5¢ 55970 1
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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
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