EYE 1.92% 26.5¢ nova eye medical limited

Nova Eye Medical (EYE) Chart Thread, page-4

  1. 265 Posts.
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    A couple ways of looking at this:

    Support was just broken and price is heading lower - Been in a steady down trend hitting VIBs and AVWAPs on the way down after rejection from the broken Monthly support. There may be an LCD hangover causing a reduction in position sizes due to lingering uncertainty.

    Or

    Investors pound a powerade, the range continues and it heads back towards the .30s. For that to happen I'd want to see price start pushing back above the white bullish AVWAP that was holding price up previously, and not respect it to the downside.

    Been waiting since March for price to go below 18c for a buy and finally got in small today. Technically still moving down, so if it goes lower I'll take one more bite, then look for a turn before adding.

    https://hotcopper.com.au/data/attachments/5705/5705949-62e08db1749e651bf47efa517bb394a4.jpg

 
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25.0¢ 26.5¢ 25.0¢ $27.35K 105.2K

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2 50050 25.5¢
 

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26.5¢ 52550 2
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Last trade - 10.28am 13/05/2024 (20 minute delay) ?
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EYE (ASX) Chart
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