PNV 0.38% $1.97 polynovo limited

PNV - Chart, page-19815

  1. 6,628 Posts.
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    Market hasn't rolled over yet
    Rising wedge still in play
    Markets can still hold out 1 maybe 2 more weeks maximum before it corrects
    Unfortunately hasn't broken the downtrend & won't do so for 2 more channels (level depends on the day)

    Portfolio up another 0.5% today even with pnv being a drag
    At least pnv is holding for a change (for now anyway)
    Needs to get above 2.55 to avoid a downtrend from building
    Bullish structure remains, even with all the weakness over the past few months
    Again, more from profit taking than actual shorting
 
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Last trade - 15.34pm 06/11/2024 (20 minute delay) ?
PNV (ASX) Chart
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