EVN 5.57% $3.73 evolution mining limited

Price action, page-8

  1. 1,953 Posts.
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    great analysis Ldl, the fall in the mid tier stocks is way out of proportion to the drop in gold, same thing happened between Aug 2016 and Dec 2016, it took about 2 years to make a new high at around 3.50, (where we are now, so maybe a good support level) pog was about 1350, does it make any sense that it is back to 3.50 when the pog is at 1480? Of course not, it just means enough people don't believe this break out in the pog is for real and that it will go back to last resistance at around 1370, so they sell in anticipation of that. On the flip side, imagine how much money you could make if you buy EVN now and the pog goes to 1700 next year!I've been averaging down and bought my last parcel yesterday at 3.47, I won't buy any more, my exposure is already too high, I won't sell unless it drops below 3.00 I just hope they keep increasing the dividend, it gives me some level of comfort, cheers to all the true believers
 
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Last
$3.73
Change
-0.220(5.57%)
Mkt cap ! $7.407B
Open High Low Value Volume
$3.90 $3.90 $3.73 $68.66M 18.17M

Buyers (Bids)

No. Vol. Price($)
1 21612 $3.73
 

Sellers (Offers)

Price($) Vol. No.
$3.74 46587 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$3.74
  Change
-0.220 ( 5.42 %)
Open High Low Volume
$3.89 $3.89 $3.73 5691901
Last updated 15.59pm 03/05/2024 ?
EVN (ASX) Chart
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