weekly chart.
I am not a day trader, I look for medium to longer term trends and mindful macro economic forces.
Look at what the SP did the last 3 times it broke away from the 100 EMA on the weekly chart and this time the MACD has crossed but still in heavy negative territory. Plenty of SP upside left IMO, plenty.
The difference this time is there is a lot of commentary and evidence of pent up inflation, although the official numbers don't show this yet.
EVN chart, page-1859
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Last
$4.70 |
Change
0.000(0.00%) |
Mkt cap ! $9.299B | |||
| Open | High | Low | Value | Volume |
| $4.70 | $4.74 | $4.66 | $15.44M | 3.296M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 90553 | $4.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.70 | 97005 | 36 |
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| Last trade - 15.50pm 15/10/2024 (20 minute delay) ? |
| EVN (ASX) Chart |