GEV 2.08% 9.8¢ global energy ventures limited

Short term setup looking encouraging, page-9

  1. 2,615 Posts.
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    Don't disagree with anything in your analysis @wilfran1pm.
    What I believe may make the "significant resistance" levels at 22c & 26.5c less "significant", is the fact that most if not all of the traders who bottom fished GEV have flicked their and the remainder of the stock has been accumulated by true believers such as myself.
    We are not sellers at 22c, 26.5c, or even at the previous high of 47.5c. Consequently, there may be less stock out there than what the chart anticipates.
    Where does your 200 day MA currently come in at?
 
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