Out of your tabled 30 REE stocks, ENV is placed equal-4th greatest decline from it's peak (84%).
I just wonder weather % declines from peak SP's can be used as some sort of reversal indicator, particularly if positive news is likely to be announced.
Does this really show how oversold ENV is, or was it way over-priced at 5c+..........?????
Average decline from peak for all 30 stocks is 62%. I guess if these 30 stocks correlate well to average declines of the whole REE explorer sector, then my next question is- Does the 61.8 Fib come into play........
Would also be interesting to see all current and peak MC's included in your table.
ENV Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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