IVZ 1.41% 7.2¢ invictus energy ltd

I think it may drop tomorrow to support lines. An important and...

  1. Zkt
    2,069 Posts.
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    I think it may drop tomorrow to support lines. An important and normal building block of share price growth is a top reversal day after setting a new high in an up trend based on elliots wave theory if followed by a lower close on the same day near opening share price is a bearish signal. A key tell tale is the heavier volume on the market close as we finished lower last trading day after hitting new heights. i.e. IVZ hit 18.5 cents on thursday last day of trading and closed at 17 cents on heavy volume.

    I would anticipate a share price consolidation at support lines before any next leg up. I am thinking 15 - 14 cents.

    Our future looks bright. Looking forward to the next four weeks. 30 cents is achievable in the next month.
    Last edited by Zkt: 05/04/21
 
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Last trade - 15.50pm 19/04/2024 (20 minute delay) ?
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7.1¢
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