PNV - Chart, page-21371

First 21371 Last

Share
Profile

Follow
nraw

1,343 Posts.

91

25/04/25

10:25

Post #: 78801020
Share

Originally posted by TheFadz: ↑

FOMO continued overnight
Definitely shouldn't be that high yet but FOMO is a wonderful thing

No chance for bears to get out yet (they did have 2 sessions on the 17th & 22nd april but everything else has been a straight squeeze since the 7th april)

XJO almost reached 8100 (top of this range)
No flush during this range yet (support at approx 7800. Usually at least 1 test each range. I did expect multiple tests for each but that hasn't happened yet)
No support test since the 11th april

PNV stays above 1.12 & they can maintain an easy uptrend
No breakout until PNV is above 1.36
PNV closing above 1.18 on Monday puts us into the 1.36 channel

I will put my buy sentiment back on when they test support, not during breakout attempts
Personally, I won't buy more unless it's back at 0.95 (or lower) but my buy sentiment will be back on at either 1.11 or 1.05 (If PNV can't reach 1.28 before it loses 1.11, then I presume 0.95 will get tested. Otherwise, 1.05 should be the lows from here)
If it tries to run without market conditions supporting the breakout, I don't believe PNV bears will try to cover
I believe they will keep shorting as the price goes up
In a few months we'll be back here again with more whinging from retail (bears will be convinced it's a bear market)
But this time they will cover during the next market tumble (which means lows are already in as they can't make new lows, but they need to wipe out as many shareholders as possible)
Market conditions will def support the next breakout attempt

While the market does have an uptrend from the 7th april (had no choice as the market couldn't get any lower without scooping up more shares), there is still no guarantee they will take the suppression off
Until we get the red flush, you don't know how many shareholders will hold & how many will jump
Market still in consolidation since oct 2024 but very close to the melt up breakout
Until it actually breaks out, I won't be calling it

I'm not posting the 8 charts I used to provide this narrative
I'm not posting every chart I use for every analysis
Much easier to post some numbers off those charts with a little explanation (I could just skip the explanations altogether if it's preferred. Saves me a lot of time)
There is also an ignore button that can be used

Expand

I love your explanations I don’t normally think about it the same way as you but it is helpful.

Thanks

PNV Price at posting: $1.17 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

ACW

With 100 enrolled and $13.8M in hand, Actinogen's Xanamem timeline is in full swing

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

AII

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

First 21371 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $1.23		Change 0.030(2.51%)		Mkt cap ! $825.5M

Open	High	Low	Value	Volume
$1.20	$1.23	$1.19	$423.5K	354.1K

Buyers (Bids)

No.	Vol.	Price($)
9	12087	$1.22

Sellers (Offers)

Price($)	Vol.	No.
$1.23	10740	6

View Market Depth

No.	Vol.	Price($)
2	3097	1.225
16	5018	1.220
3	7171	1.215
3	8723	1.210
3	7456	1.205

Price($)	Vol.	No.
1.230	3064	2
1.235	3656	2
1.240	15189	3
1.245	20574	3
1.250	16296	4

Last trade - 10.05am 30/06/2025 (20 minute delay)

PNV (ASX) Chart

PNV - Chart, page-21371

With 100 enrolled and $13.8M in hand, Actinogen's Xanamem timeline is in full swing

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

PNV - Chart, page-21371

Top Stories

With 100 enrolled and $13.8M in hand, Actinogen's Xanamem timeline is in full swing

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News