CUV Chart
Nice break today
It just crossed the 200 day EMA Its already above the 20 and 50 MA on above average volume we added a second portion on the dip a week ago. If it continues we will add a third portion.
Also of note is the MACD divergence, rising against a falling share price from November on, It made me think of my old friend Udo Stegen (AKA Arty), he always took note of that phenomenon. Sadly he passed away.
After reviewing the chart we looked at fundamentals: Not many Pharmaceutical companies have increasing profits, at the same time continuing to increase research and development of new products, while at the same time increasing cash reserves.
I will leave leave the discussion re short sellers to others.
Bulls have horns if they continue to sit on it I can only imagine how uncomfortable it will be.
CUV Charting, page-93
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Last
$14.67 |
Change
-0.250(1.68%) |
Mkt cap ! $735.6M | |||
| Open | High | Low | Value | Volume |
| $14.75 | $14.92 | $14.65 | $415.4K | 28.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 149 | $14.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.68 | 11 | 4 |
View Market Depth
| Last trade - 15.01pm 02/08/2024 (20 minute delay) ? |
| CUV (ASX) Chart |