EVN 0.39% $5.12 evolution mining limited

EVN chart, page-1862

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    Here is a monthly chart of uncle buck indicating that a close below $89.13 will be the lowest close since the beginning of July 2014.
    Considering that the $US is now sitting at just below 90 and is testing its recent low set at the beginning of early January and also considering a lower dollar is required to "insulate" the market then it ain't rocket science to suggest in the short run it may well move lower.
    But when Mr market decides he's had enough of the games then a sharp reversal could be on the cards.
    We shall see.
    In the meanwhile the fraudsters are heavily attacking and capping to try and suck the energy out of the gold move. Its a bit like pushing on a string at the moment.
    Gold though on the daily is getting overbought on all metrics especially stochs which are showing signs of turning. So if we get a spike higher and stochs continue to turn lower then the rally may well have run its course.
    Evn is holding up well. A gap fill sits at $5.17



 
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Last
$5.12
Change
-0.020(0.39%)
Mkt cap ! $10.18B
Open High Low Value Volume
$5.12 $5.18 $5.09 $23.58M 4.586M

Buyers (Bids)

No. Vol. Price($)
3 101221 $5.12
 

Sellers (Offers)

Price($) Vol. No.
$5.14 25776 1
View Market Depth
Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
EVN (ASX) Chart
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