PNV 1.91% $2.05 polynovo limited

Looks like more than likely tomorrow is going to be a good day....

  1. 7 Posts.
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    Looks like more than likely tomorrow is going to be a good day. Alot of buying occured in the ASX 200 at the end of the day with a positive price tail while hanging onto the established support from last month. PNV is not Correlated to the Market Index, however with the recent accumilation yesterday (8 Million Dollars Traded), i think it will be pushed up regardless, since some big player sweeped in some liquidity. If it crosses 1.73 It is rather probable that it pushes for another rally if the conditions / Demand is high enough. Who knows though that volume might have been distributed throughout the passed two days at a profit, ready for another capitulation. (Edit* It only takes on invididual who has enough capital to sway the market to prove your hypothesis wrong)
    Last edited by Aloeverawater: 17/07/19
 
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