22-Jan-2024 : Keeping it Simple with Price Action & Technical Analysis..
An example of "patience pays" witnessed today with PNV.
Looking at the DAILY chart since start of 2023..
* Since Nov'23, the stock has been in a slow consolidating uptrend, making higher lows.
* It also crossed a year-long resistance trend line in Nov'23 successfully.
* The resistance zone at around 1.69 had been tested and failed 4 times in the past between May'23 to Jan'24
* However, today it has successfully broken out of that grasp on the back of a good announcement.
* The probability of making that resistance zone a new support area, and then an uptrend from here on looks quite probable now.
** This is my analysis and can have errors. DYOR..
- Forums
- ASX - By Stock
- PNV
- PNV - Chart
PNV - Chart, page-17844
-
- There are more pages in this discussion • 1,234 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PNV (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.45 |
Change
0.010(0.41%) |
Mkt cap ! $1.691B |
Open | High | Low | Value | Volume |
$2.45 | $2.51 | $2.43 | $5.243M | 2.122M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 35541 | $2.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.46 | 2681 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8773 | 2.450 |
3 | 6522 | 2.430 |
1 | 2681 | 2.420 |
3 | 6302 | 2.410 |
3 | 5925 | 2.400 |
Price($) | Vol. | No. |
---|---|---|
2.460 | 2681 | 1 |
2.470 | 2681 | 1 |
2.480 | 23333 | 3 |
2.490 | 12681 | 2 |
2.500 | 92672 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
PNV (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online