CWE 0.00% 4.2¢ carnegie wave energy limited

chart

  1. 2,904 Posts.
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    Here's a new 6 month chart. It's still in a sideways trend, although we're seeing strong pressure against the 5.0c support line over the last few days (green circle).

    Market depth shows many buyers now at 4.7 to 5.0c, with more now at 5.0 than at 4.7. Sellers have dried up a bit for now.

    The longer CWE goes without making an announcement (and getting closer to the end of Q2), the more pressuure on the SP to fall below 5.0. Of course if they do make a positive announcement in the next fortnight, the game board will be reset...

 
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Currently unlisted public company.

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