PNV : ASXCharts : FollowUp Update
Keeping It Simple with Price Action & Technical Analysis - The Noiseless Way
Since the last post done on 22-June, PNV has inched higher and remains in Column "X". Thats GOOD.
However, the price point that it stands at now is very interesting.
Check the last post here : ASXCharts - PNV update - 22-Jun-2024
* Just taking the latest close snapshot of the "handle" of the large cup from last post.
* Observe the thin ORANGE strip at current column of X, where the price now stands.
* This is the same "X" point where it first started the down-trend in Feb;2023, and reversed and hit again in 2024 with that LONG "X" column.
* So we are now at the same point of "X" after 457 days.
* If you try, you can visualise a mini cup-and-handle formation, with the 3 points of the pattern neck-line at this thin ORANGE strip.
* Just one more "X" above this column will then confirm the multi-year breakout after 457 days.Waiting for that now, and then my own BOLD forecast of price target around 4.0, which remains OPEN. Provided - Its respects the GREEN Support line drawn below on a weekly / monthy close basis.
Disclaimer : I own this stock and my analysis may be biased and even incorrect. DYOR and dont forget the stop-loss.
- Forums
- ASX - By Stock
- PNV - Chart
PNV : ASXCharts : FollowUp UpdateKeeping It Simple with Price...
-
- There are more pages in this discussion • 476 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
$2.33 |
Change
0.030(1.30%) |
Mkt cap ! $1.609B |
Open | High | Low | Value | Volume |
$2.29 | $2.34 | $2.27 | $2.949M | 1.276M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 19139 | $2.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.34 | 14111 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2512 | 2.300 |
3 | 10062 | 2.290 |
1 | 2062 | 2.280 |
2 | 6562 | 2.270 |
3 | 24835 | 2.260 |
Price($) | Vol. | No. |
---|---|---|
2.350 | 1900 | 1 |
2.360 | 2062 | 1 |
2.370 | 5198 | 2 |
2.380 | 12335 | 3 |
2.390 | 21545 | 4 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
PNV (ASX) Chart |