GRV greenvale energy ltd
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Nice breakout of the descending wedge over the last week or so....

  1. Onthefly
    38 Posts.
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    21/11/21
    21:49
    Post #: 57738196
    Nice breakout of the descending wedge over the last week or so. Some resistance at 44c to overcome but enough room on the daily RSI. Beyond 44c very little resistance. Daily chart BULLISH.
    https://hotcopper.com.au/data/attachments/3817/3817785-433f9774915e06515c12ebad0350ad71.jpg



    Bull flag forming on the 1 hour, watch for confirmation of breakout of upper line of resistance. Price target 55c. Break below and descending wedge upper resistance might be re-visited for support.

    https://hotcopper.com.au/data/attachments/3817/3817786-a141a8e32211f21793ad4a965b4c32f6.jpg
    Note: Any new from drilling at Georgina would blow this out of the water.
    Good luck all.
    GRV Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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