JD,
Here's hoping that your retrace to 23.5c would be unlikely, as that would mean our shorter friends would have to sacrifice some more shares. they are already finding it hard to replenish their 58 mil as it is.
On last Friday's data, they'd have to spend up to his breakeven price (just my guess) to get just another 1.5 mil shares, let alone 58 mil. But then who knows how they think! So I am optimistic, your cup handle will be distorted to an up trend by Monday.
Possible New Run Starting, page-235
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Last
19.8¢ |
Change
0.003(1.28%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $11.43K | 57.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 2047396 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 497987 | 16 |
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| Last trade - 12.57pm 15/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |