You know there's a chart thread for the crystal ball brigade HEHEHE!!.... luv ya Drew.
btw I noticed even @rep96 made an interesting admission regarding TA, he/she said.... "We need news flow, the TA is setting up really well.However, one thing that is holding it back is news flow…"
I have repeated ad nauseam, EVG doesn't have the volume nor the liquidity required to do any meaningful charting IMO. As such, FA and my personal favourite GFA (Gut Feel Analysis) are KING!!
GFA is what led me to accumulate 2.05M shares in June alone at an average of 1.8c.... whilst TA was probably suggesting not to touch it LMAO.
I've added another 1.8M since at under 2.2c.... having started in double figures and buying all the way down. I'm enjoying a cold Tooheys with a nice green portfolio.... It's been a long time since I have been able to brag (about 2 years since some wins on Lithium).... please excuse my happiness.
TA has it's place and works for some I guess.
EVG is now up 100% from recent low ... and I am 100% certain that NO chartists saw it coming. This recent rise in SP is all about news and market sentiment.... ie Fundamentals. Also the fact that it was way oversold and MC was ridiculously low.
NEWS and MARKET SENTIMENT..... IMO.... and guess what's coming ?? More good news and more positive market sentiment which will lift the SP even higher AND THIS might lead to a golden cross - not vice versa.
Congratulations to all the non sellers who have forced the buyers to keep stepping up. Stay strong!!!
EVG still has plenty of risks and my GFA should not be relied upon in any way.... DYOR!!
GOOD LUCK TO US ALL AND HAVE A GOOD WEEKEND
