CPV 5.88% 24.0¢ clearvue technologies limited

The yellow zone on the chart is where CPV been traded most of...

  1. 1,259 Posts.
    lightbulb Created with Sketch. 218

    The yellow zone on the chart is where CPV been traded most of its history since listing (too wide a zone!).


    So 24c or so seems quite deep in that support zone; and one may offer a reversal (as a side note CPV options are also 25c). CPV proposed commercialisation in Feb 2019 (so may be also a built up for that). 


    Watching intraday trade in the past few sessions, I think there was good interest at 24c price point (in particular off-screen buys). Of course, all within the limits of CPV low daily volume.


    So I think we should see a reversal from there / or at least a decent trade. How big is the reversal is another question of course (say a 20% trade or a sustained change of trade?). 


    Of course we don't want CPV to go below support zone (in a meaningful way and not a spike).


    All IMHO, and I could very well be wrong.




    Last edited by bensh10: 10/01/19
 
watchlist Created with Sketch. Add CPV (ASX) to my watchlist
(20min delay)
Last
24.0¢
Change
-0.015(5.88%)
Mkt cap ! $98.52M
Open High Low Value Volume
25.5¢ 26.0¢ 24.0¢ $120.7K 488.7K

Buyers (Bids)

No. Vol. Price($)
8 45490 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 6578 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
CPV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.