Nothing unusual with a 38.1% fibonnacci retracement in a bull rally from 34.5 cps to 48.5 cps
For the rally to stay in tact and to build a base of consolidation ready to rally higher (perhaps, on forthcoming production testing results or a spike in the oil price) CVN must hold 43.5 cps
Probabilitiy suggests a good buying opportunity at 43.5 cps, if only for a bounce to 45.5-46.0
Slightly longer term, 52 cps seems on the cards :)
the judge keeps selling, page-6
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.3¢ | 15.8¢ | $94.11K | 588.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 78364 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1001840 | 14 |
View Market Depth
| Last trade - 10.43am 20/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |