The 3.80 the instos paid has no bearing. Big money moves Sp according to technicals. I believe EVN with pog constant at these levels, let alone higher pog, will move towards the gap at 3.47. With resistance at the EMA 200 currently at 3.45. So basically same. I actually see EVN moving up reasonably quickly to these levels if pog stays constant. There will be daily opportunities, especially with opening gaps (gold futures currently up strongly), but the resistance you talk about will be at 3.45 after gap fill.
I know many don't like to trade, but if you participated in the spp, or bought lower as I did (2.93), there is a great trading opp and buy back.
The 3.80 the instos paid has no bearing. Big money moves Sp...
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Last
$4.88 |
Change
0.100(2.09%) |
Mkt cap ! $9.707B | |||
| Open | High | Low | Value | Volume |
| $4.99 | $5.01 | $4.84 | $39.38M | 8.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17864 | $4.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.89 | 162298 | 8 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EVN (ASX) Chart |