@boydie633 Death Crosses, 2 higher lows broken. Not the most...

@boydie63
3 Death Crosses, 2 higher lows broken. Not the most inspiring TA
The question is where is support... Pick any of the Blue Lines (Static Support) and/or Green (dynamic) and your guess is as good as mine.

I'm not sure TA is the answer here. Per the other thread you hit me up on. I did give this one a good prodding on fundamentals to see if it has deteriorated when the Oct 2023 price action broke the July 2023 support. EVN passed with flying colours see my FA leaning posts last December Post #: 71544457, Post #: 71336431... The later of those two post pretty much hits on why EVN is in decline. In short, looks like plenty bought EVN and had no clue of the MO and where it was at on the mining lifecycle. It is still in the acquisition/growth phase. Plenty of Capex spend and growth spike expectations driven by profits need to be tempered. If you look at the former of those two post.. you will see that EVN will have a massive FY24 and FY25 So a bit more patience now, one eye on the EVN SP discounts today as opportunities, with an outlook further afield in FY24 and I can pretty much say you'll be laughing FY25.