EVS 1.92% 5.1¢ envirosuite limited

I actually hope I am wrong I don't like to see anyone lose and I...

  1. 205 Posts.
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    I actually hope I am wrong I don't like to see anyone lose and I like what the company does.
    The only possible save would be if it is a false break shakeout. But 15 cents really is the last chance to hold.
    As displayed on your chart it is a support level although not a trendline. Also it is a 50% retracement of the whole move of the current trend from 8 cents to 22.
    The most important fib retracement. But any break of 15 would be from a charting perspective very very damaging.
 
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