EVN 0.50% $4.02 evolution mining limited

Having a look at EVN and something is most definitely brewing....

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    Having a look at EVN and something is most definitely brewing.
    Weekly and monthly stochs are the most oversold they have ever been going back ten years on the charts I use.
    Daily techs remain week but are as yet not oversold giving evn some downside room in the short run if it wishes to pursue it.
    Near term target on the daily is $3.67 with another one below that at $3.625
    Chances of a low coming this week are pretty high.
    All things being equal of course.
    Should probably expect pressure on gold to continue into the Fed meeting. Then we'll see.
 
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Last
$4.02
Change
0.020(0.50%)
Mkt cap ! $7.983B
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$3.96 $4.05 $3.94 $28.89M 7.222M

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Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
EVN (ASX) Chart
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