PNV 3.57% $2.43 polynovo limited

I think the bulls are walking this down, not the bearsTrying to...

  1. 6,574 Posts.
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    I think the bulls are walking this down, not the bears
    Trying to setup a bear trap
    I'm seeing a lot of hesitaiton by bears down here
    Bears have been covering since 27th flush
    Bulls had 2 attempts on the 27th & 28th to take back the chart & refused

    General market has failed to complete a downtrend setup today
    If markets don't go red tonight & xjo avoids 7985 they've successfully avoided a short term downtrend (xjo jumps 8045 it jumps the next fence)
    If bears don't go all in at 8045, we might see a market recovery earlier than I thought
    But bears will try again higher up
    Month isn't over

    PNV gets above 2.45 & bulls are trying to take back the chart
    Bears need to give up 2.51 to concede
 
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