GRV 0.00% 2.3¢ greenvale energy ltd

Nice chart mate thanks for sharing, i'm seeing something similar...

  1. 177 Posts.
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    Nice chart mate thanks for sharing, i'm seeing something similar and thought i'd share a few observations that i like:

    1. Shallow pull back from the recent push, touching the fibs 0.382 and being bought back up.
    2. Price closing and holding above previous equilibrium point ($0.38).
    3. Price consolidating into a nice bull pennant.
    4. Declining selling volume during price consolidation.
    5. MAC-D crossing above the zero line ( The last time if was above the zero was back in early September)
    6. 20 EMA about to cross above 43/50/99 EMA.
    7. Price is currently pushing through the kumo cloud a close above would be a bullish signal.

    Let's hope we get the break to the upside we all want and for price to clear resistance at $0.44, this would also coincide with us breaching the Kumo cloud.

    Good luck to all holders

    https://hotcopper.com.au/data/attachments/3821/3821363-731bbea804e9a6e5fe8e3f6af0f6e289.jpg



    Last edited by bulksend: 22/11/21
 
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