CUV 14.6% $17.38 clinuvel pharmaceuticals limited

I've charted for around a year now after completing a course, it...

  1. 101 Posts.
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    I've charted for around a year now after completing a course, it has helped a lot, so still early days.

    From my limited experience, this is what I see.

    • We have crossed a long term downtrend.
    • The smaller recent uptrend line still needs to be confirmed with an up bar, hopefully this week (hence it is still grey), but the line is conforming, so I just hope the usual June lows wont take it out.
    • There is really strong support at $12.96.
    • If we can clear $16.44, that's a buy for me.

    I think the stock looks good at the minute however I'll wait and see what the next few weeks bring.

    https://hotcopper.com.au/data/attachments/6234/6234907-fec2c22e580f952df5d6feab0cd202d9.jpg
 
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$17.38
Change
2.210(14.6%)
Mkt cap ! $870.8M
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$15.20 $17.71 $15.16 $5.878M 346.9K

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