Sent this chart to a couple of mates yesterday & told them we're within 3 days of a breakout (yellow lines).
Assuming the breakout was to the upside, it meant we were not only going to have a crack at the 23/23.5 resistance, but also at the downtrend (blue line) in place since reaching the high of 47.5c in early January '18.
It has been a long time between drinks for the GEV faithful.
The downtrend currently stands at 24.85 and is falling by .12/day.
In short, we take out 23/23.5 and the downtrend and hold it and GEV has technical confirmation of having "started a new life".
All the hard work that MB, JJ and the GEV team have been putting in to building a potentially huge company is starting to bear fruit in the market.
The ship is leaving the port.
Ann: GEV Corporate Presentation, page-2
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Last
4.4¢ |
Change
-0.002(4.35%) |
Mkt cap ! $28.10M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.7¢ | 4.4¢ | $29.26K | 646.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 813917 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 142500 | 3 |
View Market Depth
| Last trade - 15.22pm 29/04/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
-0.002 ( 4.26 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.7¢ | 4.4¢ | 104347 | ||
| Last updated 14.52pm 29/04/2024 ? | |||||
| PV1 (ASX) Chart |