Position Summary as at 3/10/2018

More Bulls Hiding in CPV ??

CPV:ASX
Current Price: $0.520
Market Cap: $58.78mill


CPV seems to be finding strength in the chart once again. Most of the profit taking from the latest spike has slowed and some structure is showing. Could there be another ramp up to complete wave 5? With a significant roadshow coming up in October hosting the biggest players worldwide for CPV to showcase their technology, there could be some buying action in anticipation and as a result of a successful roadshow.

CPV have had some great developments since listing, including advancements to their technology, regulatory approvals and multiple collaborations to prove concept. With the government on side for clean energy, and a management team already proving competence, I believe this company has a bright future ahead...Starting with a potential move over the short term.

Is there a bull waiting to run in the chart? See my analysis below.




For more information please refer to my earlier post on CPV at this link:

https://hotcopper.com.au/threads/cpv-chart-update.4386233/#.W7Sg9LpuJPY