PNV 5.11% $2.47 polynovo limited

You realise this uptrend has been running since October last...

  1. 6,529 Posts.
    lightbulb Created with Sketch. 1095
    You realise this uptrend has been running since October last year?
    That's from 1.10
    Did you expect to get to $3 without some turbulence?
    Or should it go up forever?

    Did you forget march/April this year?
    That dragged out for over a month just to extend this run
    Markets have just repeated the same conditions, except in a week instead

    Would you prefer we get this out of the way in a week & move on with the uptrend or would you prefer this to drag out for 3, 6 months or longer?

    Unless you're buying & selling shares every day, it's not a big deal

    We have flushes every quarter (that's when you should buy shares. No more than 4 times a year if you're a long term holder)
    Some more noticeable than others, which prevents me from buying shares some quarters

    Take profits whenever you feel like it

    This hasn't bounced so we can still drop to 2.26 & support is still holding
    Breaks the fast uptrend we had but better than 1.10 again

    This could also still drop to 2.10 (bottom of channel) & bounce back to 3.10 (top of channel) without breaking a sweat

    There are plenty of other stocks currently sitting at 52 week lows & going lower
    So yes, I'm pretty happy with how pnv is holding up
 
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Last
$2.47
Change
0.120(5.11%)
Mkt cap ! $1.706B
Open High Low Value Volume
$2.38 $2.52 $2.38 $6.169M 2.501M

Buyers (Bids)

No. Vol. Price($)
1 3613 $2.47
 

Sellers (Offers)

Price($) Vol. No.
$2.48 38844 1
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Last trade - 16.10pm 10/09/2024 (20 minute delay) ?
PNV (ASX) Chart
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