CVN 3.23% 15.0¢ carnarvon energy limited

Fascinating situation with CVN right now as technicals and...

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    Fascinating situation with CVN right now as technicals and Fundamentals come into direct conflict with each other really.

    The chart is a rare looking jewell right now. You've got what has to be a massive break away gap which I doubt will ever fill, and a smaller gap which I'd certainly have thought would be filled at 38 - 38.5c - but wasn't. Weird. The RSI is boiling like a forgotten pot of eggs on the stove and the MACD is peaking like a cracker on Ice.  Technically you have to think that it's all got to come down from it's bender and nurse a wicked hangover for a while.

    Except that we know that the drill bit is filthy with fine and light oil at Dorado and still drilling, and that at Roc they have eased THAT drill bit down into the oil and gas reservoir there, and are trying their best to do so without all of the pressure of it sending the drilling platform into orbit along side the International Space Station.

    It's pretty wild. What's coming this week? Can't wait to find out

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    Last edited by Zenzen: 29/07/18
 
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