EVN 1.53% $3.98 evolution mining limited

EVN chart, page-2114

  1. 5,702 Posts.
    lightbulb Created with Sketch. 3801
    Hi All

    https://hotcopper.com.au/data/attachments/3451/3451821-13a4bd40d620a29bf18998b86aac3d4e.jpg
    EVN always follows the POG and what a wild cyote is POG right now, touched long term support 1677 and sprung right
    back up to 1733.

    Has POG seen the bottom ?

    RSI 14 is now massively oversold at 26, MACD / AO indicators are laggards, so my thinking is it must be close, so if POG has reached the bottom and only upside remains, then EVN looks extremely tasty.......wink.png

    https://hotcopper.com.au/data/attachments/3451/3451878-94701ffce26c80124e345451162d6a32.jpg
    Encouragingly RSI 14 is basing nicely, so too MACD, not sure there is much more downside here for EVN.

    I am getting very close to taking a position .

    IMO
 
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