With the break through the top of the triangle... trending up into an rising wedge now. Going by general rising wedge predictions, we sit in the average breakout range and if the breakout is north a target around 0.54... keeping an eye out for a break above that upper trend line.
EDIT: RSI is keeping just below the oversold territory also... strategic buying staying just above the daily VWAP.
http://thepatternsite.com/risewedge.html
CVN Chart analysis, page-57
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $250.9K | 1.672M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 176955 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 779055 | 16 |
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| Last trade - 14.29pm 06/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |