CVI 0.00% 0.3¢ cvi energy corporation limited

mulgabill...I usually buy during the formation of the...

  1. 15,276 Posts.
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    mulgabill...

    I usually buy during the formation of the trigger...then again on the breakout.

    Given I am already holding CVI, today's top-up was more about grabbing a bargain than buying on the trigger formation.

    I actually get 15.5c as the trigger line, with a close at or above here by Friday a bullish signal for a near term rally.

    Academic though, as I am a longer term holder.

    Options buying very good at the moment...we may well be seeing them at or near their bottom, as even lower prices in the heads will likely see current options prices hold, given they usually lead any activity in the heads.

    Cheers!
 
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