ENV 8.33% 1.1¢ enova mining limited

''In reality there are always nervous nelly weak hand.Will be...

  1. 958 Posts.
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    ''In reality there are always nervous nelly weak hand.Will be getting shaked by big guy. so you think this will help?''


    Well, on Friday, 1.7M shares were sold down (Very low volume). This is compared with 12M average daily volume.

    I dare say, the nervous Nellie's have exited.

    Many of the selling IMO has been traders and by the SP Manipulators capping the SP (to scare holders) whilst accumulating.

    Now that the hourly chart is showing oversold, IMO, the sellers that dumped their shares (to achieve a 20% decline in one week) will be trying to get back in, and the fake sell orders will get pulled. I've already given an example of fake sell orders here:
    https://hotcopper.com.au/threads/lets-make-em-pay-3c-and-above-minimum.8043135/page-2?post_id=74230304

    So IMO, there will be some FOMO this week that will trigger a SP recovery.
    Now just imagine if positive news is announced before the dumpers have had a chance to re-enter.......

    MAKE 'EM PAY 3c AND ABOVE (MINIMUM)
 
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Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $10.53M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $70.81K 6.454M

Buyers (Bids)

No. Vol. Price($)
6 1745862 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 3191557 4
View Market Depth
Last trade - 16.10pm 27/06/2024 (20 minute delay) ?
ENV (ASX) Chart
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