PNV 0.38% $2.64 polynovo limited

PNV - Chart, page-12830

  1. 1,278 Posts.
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    Too soon to call it an actionable change in behavior, however the spring has gone on to deliver a tidy 15% if you bought the confirmation session.
    The volume up doesn't suggest a scrambling for shares, however the price is taking the path of least resistance for the time being. It either bounces off the upper channel boundary or breaks it and consolidates sideways - higher probability long play if the latter happens in my books as there will be evidence of price support. This will grab the attention of bottom pickers and traders who buy bases.

    https://hotcopper.com.au/data/attachments/4213/4213854-41ea5c3ca0e1b15dd0d86eefc524534f.jpg
 
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