CVI 0.00% 0.3¢ cvi energy corporation limited

chart chat...

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    As I posted on the chart last week, I suggested we were heading to a very important node...

    Well, we are here...CRUNCHTIME!

    Activity from here will likely dictate future moves.

    If it falls below I would be looking at both volume and rate of decline as a clue to failure in Angola.

    If however she rises, I would actually expect it on lower volumes if we have been successful in Angola, as most will simply pull their bids off in concert with an expected sentiment change.

    If the news is really good, we could see 5, 10...who knows how many poins in virtually micro-volumes compared to recent trading.



    Cheers!
 
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