CVN 5.13% 18.5¢ carnarvon energy limited

Yes,"volume always tells a story". Always. Now,if you take a...

  1. 469 Posts.
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    Yes,"volume always tells a story". Always. Now,if you take a look a the chart,there was a "gap" pattern which was made between March 12th & 13th. One month later,on the 14th & 15th, buyers filled the "gap" but both days could not get price closed above 18c. Since then,SP goes sideway but heading down a bit. Volume was also pretty much low since March,even though we had a couple of good day as SP was up. So,what we need to see is Volume. It has to pick up along with SP to confirm the market is really interested in the business. Otherwise,the trend of sideway will continue and possibly goes down to the recent support level. Let's wait and see. IMO,this is not a good time to buy for those people are not patient enough. Because you guys will get mad.
    Last edited by Foomonk: 27/04/20
 
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Last
18.5¢
Change
-0.010(5.13%)
Mkt cap ! $330.6M
Open High Low Value Volume
19.0¢ 19.0¢ 18.5¢ $468.4K 2.502M

Buyers (Bids)

No. Vol. Price($)
23 2132150 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 1405700 6
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Last trade - 16.10pm 01/05/2024 (20 minute delay) ?
Last
18.8¢
  Change
-0.010 ( 2.34 %)
Open High Low Volume
19.0¢ 19.0¢ 18.5¢ 2004753
Last updated 15.59pm 01/05/2024 ?
CVN (ASX) Chart
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