CVN 3.23% 15.0¢ carnarvon energy limited

From 'stock charts.com':"To qualify as a (bullish falling wedge)...

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    From 'stock charts.com':


    "To qualify as a (bullish falling wedge) reversal pattern, there must be a prior trend to reverse.
    Ideally, the falling wedge will form after an extended downtrend and mark the final low (tick).

    The pattern usually forms over a 3-6 month period and the preceding downtrend should be at least 3 months old (tick)."


    Now all we need is volume on a break above technical resistance, and it's game on.
    Timing for the massive APPEA Oil & Gas Conference starting in a week and a half followed by the natural build into Q4 spud, could be ideal.





    *My brackets and bold
 
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