CWE 0.00% 4.2¢ carnegie wave energy limited

Trading, page-53

  1. 3,623 Posts.
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    I see today's price movements as very positive. As Mega said, we have wiped out the wall. It is not surprising that lots of sellers have emerged - whenever there is a price rise, this happens - it is logical that people waiting to sell will see an opportunity. But for every seller, thee has been a buyer - so there is interest at these levels. The next resistance is 8c, but I don't see that as very strong. the only negative is that there are not a lot of buyers below 7c (relative to recent volumes).

    A positive announcement would work wonders right now.
 
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