EVN 0.66% $4.54 evolution mining limited

Price action, page-29

  1. 4 Posts.
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    Sorry not meaning to double up. Just thought graphs might help. Top is the weekly chart and bottom is the daily chart. Red lines are monthly, yellow are weekly and green are daily. I can hardly read the words on the graph, but hopefully it helps nonetheless.


    Well fingers crossed this is the last push down:
    1. Price is sitting just above the weekly uptrend line that has been respected 3 times since 2016;
    2. Which overlaps the monthly uptrend line that has been respected 3 times since it started in 2014;
    3. With weekly RSI nearly oversold and MACD bottoming out and waiting to turn; and
    4. With daily RSI showing bullish divergence from oversold (although today so far is slightly deviating from that), and a bottomed out MACD.

    The daily downtrend line intersects the weekly/monthly uptrend lines approx Jan 22, so hopefully by then if not before we can:
    A. Hold the weekly and monthly uptrend line at approx $3.35 (and rising);
    B. Round out some bottom and/or have a nice reversal candle/s;
    C. Snap back to, and push through the daily 8,13 and 21 EMA resistances;
    D. Snap back to the 4H 50 EMA (currently $3.81 and falling); and
    E. Close strongly above the daily downtrend line (currently $3.81 and falling), perhaps retest, and not look back.

    4H, daily and weekly charts all want to turn upward, so that's HOPEFULLY what will happen soon.

 
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Last
$4.54
Change
-0.030(0.66%)
Mkt cap ! $9.060B
Open High Low Value Volume
$4.57 $4.63 $4.52 $24.86M 5.427M

Buyers (Bids)

No. Vol. Price($)
33 33981 $4.53
 

Sellers (Offers)

Price($) Vol. No.
$4.54 50078 38
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Last trade - 14.49pm 08/10/2024 (20 minute delay) ?
EVN (ASX) Chart
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