Ann: Morgan Stanley Conference Investor Presentation-CVO.AX, page-8

Hi folks, CVO just came up in my stock screen. Has put in a new low today compared to the May low, but price action today implies buying support has stepped in to defend that level. Could be a double-bottom - needs confirmation of course.

The other thing I noticed from the chart is the RSI has given a pretty reliable signal (circled) when it recovers from oversold territory, it seems to pretty reliably put in a move up of around 20c (boxes) - worth a short term  trade imo (will watch tomorrow for price action to confirm):



Cheers, Sharks.