EYE 3.33% 15.5¢ nova eye medical limited

So a few sessions later and it's great to see the SP settle into...

  1. 14,697 Posts.
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    So a few sessions later and it's great to see the SP settle into the range between the 8ema and upper bollie. That retrace was superb and the buy signals were strong. Don't really like it leaving those opening gaps like yesterday but it often happens after a strong buy signal. (let the little gaps get picked up later.
    For a MC of just over 60mil and a BIO with growing income it seems to look ok.

    Just for transparency, I did enter on those signals Thursday.
    https://hotcopper.com.au/data/attachments/6309/6309126-d992dfdc1d5006f05e66b56a48424ee4.jpg

    Daily chart.
    https://hotcopper.com.au/data/attachments/6309/6309124-e779c94e374503dcf20d06ceb8cb8cb8.jpg

    And the 30min /hourly charts. Just got to keep the yellow above the pink and the SP is always rising.

    https://hotcopper.com.au/data/attachments/6309/6309143-870b8aaa2a66779e184ab1b261e86990.jpg

    I did suggest early in the week that the price action will generate opportunities within the weeks especially when there is a 10% range between indicators so I'd be expecting a little volatility but as long as there's higher lows overall everyone will be happy. IMO.

    Cheers.
 
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