CVN 0.00% 16.5¢ carnarvon energy limited

Just acadmic chatI dont holdIts interesting how a head and...

  1. 25,374 Posts.
    lightbulb Created with Sketch. 3
    Just acadmic chat
    I dont hold

    Its interesting how a head and shoulders pattern is so similar to the third decline leg in an elliot sequence and goes much lower. this seems to be resuming a new channel at C and is in its first new impulse leg. (5 impulse legs up and three down on a bullish stock).
    Numerous unfilled gaps are shown...comments welcome.
    Impossible to chart spec oilers
    Being a producers makes a hellova difference..Yes a silly comment but this chart is pleasantly compliant.
 
watchlist Created with Sketch. Add CVN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.