Nice Chart. Double Top is a NO. S/T Wedge pattern possibly and the $4.35/$4.50 is a reasonable target. 30% Corrections in this stock are not Unusual. Looking at longer Term charts things do not look so bad but a run to $4.50ish not out of the question either. Expect Volatility as the Gold Market settles down from a nasty plunge. As a TA I would be pretty quick to change my view if the price action dictates. One small comment about gaps. Too many posters give too much significance to this phenomenon. Gap are not targets or magnets and they DO NOT have to be filled.
EVN chart, page-624
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Last
$4.62 |
Change
0.130(2.90%) |
Mkt cap ! $9.190B | |||
| Open | High | Low | Value | Volume |
| $4.54 | $4.63 | $4.52 | $40.54M | 8.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 99335 | $4.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.62 | 54177 | 7 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| EVN (ASX) Chart |