Markets still holding support & trying to rebuild after the world had the flash crash (Bears went all in)
Bulls haven't changed course yet
I believe markets will bounce around until October but I still expect a proper meltup rally towards the end of the year
PNV bulls only need this to close above 2.31 today to break out of our flash crash death spiral
As long as as 2.27 holds before it bounces we remain in the 2.71 channel by the eom & can continue the uptrend
Bears will need this to tag 2.25 before it bounces again
But that's only half the job
I'll worry about a downtrend if that path opens up
The longer we stay under 2.41, the more chance we have of beginning a downtrend
So that's the first step bulls need to overcome
PNV - Chart, page-19334
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Last
$2.05 |
Change
0.040(1.99%) |
Mkt cap ! $1.416B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.08 | $1.99 | $2.210M | 1.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35040 | $2.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 34422 | 4 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| PNV (ASX) Chart |