PNV 4.90% $2.33 polynovo limited

Been a while since I've seen reason to comment on PNV. The...

  1. YLJ
    819 Posts.
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    Been a while since I've seen reason to comment on PNV. The strong run-up in the last couple of months
    of 2020 reached 91% towards my top-end measured target before the big drop began, with some fair
    warning in the price action, but all that is history now.
    It has found support on the upper line of the black triangle and of more substance to me around the apex
    of the blue triangle (a typical classical charting support area). Directors' recent buying doesn't hurt either...
    I would love to get back in this, but I really would like a pattern on the back of which to do so. I am hoping
    you all can hold back a little (lol) and that we see a slight retrace here before further upside. That would
    create a very nice H&S bottom with a very definable entry, otherwise, I might have to sit on the sidelines
    for a while longer.
    GLTA
 
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Last
$2.33
Change
-0.120(4.90%)
Mkt cap ! $1.608B
Open High Low Value Volume
$2.43 $2.43 $2.33 $3.832M 1.618M

Buyers (Bids)

No. Vol. Price($)
2 19462 $2.33
 

Sellers (Offers)

Price($) Vol. No.
$2.35 14948 5
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Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
PNV (ASX) Chart
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