PNV 0.41% $2.45 polynovo limited

PNV - Chart, page-9761

  1. 2,736 Posts.
    lightbulb Created with Sketch. 1317
    is this the chart thread??

    Bouning off multiple technical support levels:

    200day SMA (orange line)
    Extension of the diamond breakout trend support line
    FIBs as others have mentioned (which I'm not in to)
    Oversold RSI
    Circa 1B shaved off market cap
    Increase in volume marking the bottom/pivot

    >$3 required for confirmation of recovery IMO

    This correction sets up $5.50 at some point in the future (6-12 months)

    https://hotcopper.com.au/data/attachments/2807/2807813-5c9c6e8500c566f1665dc39d35f6c2a8.jpg

    Last edited by dman0: 14/01/21
 
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PNV (ASX) Chart
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