PNV 3.02% $2.05 polynovo limited

PNV - Chart, page-304

  1. 10,432 Posts.
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    I'm hoping tomorrow to be a stronger day than today. The flag pattern was broken upward ...  this should get the momentum moving upwards again. However, the volume has been low. Would be better if it closed on a day high ...

    With the MACD about to cross, stoch turning up, and the 7 day MA about to penetrate the 14, 21, and 30 the tech / swing traders should jump back on board. It may be that we retest the top off the flag to close the opening gap. If it does I'll be in for more I think. As the close was the same as the open I'd suggest more likely to retest.

    Only proviso would be that the USA doesn't do something stupid overnight.
    Last edited by westsurf: 08/02/18
 
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