Eve & Co Inc V.EVE.H

Technicals on EVE

[Jarred]

While technical analysis is not a perfect science, it looked to me like EVE started to turn around from a technical perspective on Friday. Here is another opinion. I think Monday will be interesting.



$eve.v $eve Broke out, retraced, held the 50 day moving average and on Friday it bounced off support on higher volume. Level 2 bids suddenly got stronger/thicker on Friday and asks thinned out. Looks ready for another leg up imo. One to keep an eye on for next week.

[PatrickBateman]

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[Jarred]

I agree, that's why Monday will be interesting. If we get follow through then we could be in for a nice run. 

[MrJamesBond007]

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[Jarred]

Technicals aren't useless on penny stocks, certainly not 100% reliable, but as long as a stock trades decent volume then technical analyis is useful but again far from a perfect tool. Agree that gold and oil will take centre stage this week. Trump has made sure of that. . 

[889900]

Thomson Reuters recommending Buy, Morningstar has fairmarket value at $047

[Goldy63]

Agreed Jarred . Had a gold stock go up 15% and an oil/gas stock up 18.75% on Friday . Still cant get a handle as to what purpose was served with that assination . War could be the result and thats in nobodys best interest . Gold loves a war and if the Iranians close off the straits  of Hormouz some analyts are predicting 150$ a barrel for oil so guess what . Better fill up the tank people . I