CVI looks to have formed a bullish slant divergence between the MACD & MACD Historam. Check early February for the last time this happened & the result.
This should be reinforced by a positive divergence between the MACD & the SP, (lower trough in the SP, higher trough in MACD).
A big change in momentum direction is on the cards IMO, (DYOR).
PS. Careful Saracen, I'm not seeing too many technical buy signals for MAK here & the MACD has to rise a long way to avoid a bearish divergence with the SP on the daily chart. Needs a close >$2.10 for starters IMO and good luck!
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
