Australian (ASX) Stock Market Forum

CVN - Carnarvon Energy

Too Many shares on issue for my liking!
The Volume freaks will probably have an orgasm
Sailing the CVN ----------------------One WEEK at a Time -------------------------&------------------------One DAY at a Time

1695202407281.png
 
CVN has been pored over, dissected, spruiked and charted since 2006, shortly after ASF started.

Just myself poring over the first few pages , @yogi-in-oz started the thread, and a few days later @Sean K marched in, with a chart.

I first appeared on the 2nd page. This thread is now 80 pages, Remarkably nothing has changed much apart from huge, and I mean huge projections of oil and gas discovered off the WA coast without sufficient funds or influence themselves to get the stuff out of the ground, in to LNG big bottles and eventually on to the chilblain winter toes of the good burghers of Westphalia or some other dump in Europe.

It has been a consistently entered stock in the monthly Comp, those poor, poor mugs expecting it to go from 15c to $1.85 for them.

October 23 may be it's month.

Final blow on trumpet, last slug out of moonshine bottle clutched in other hand, throws both in air and slips dejectedly offstage left.

gg
Miss yogi
 
The last time the CVN share price did something crazy like this I sold at $0.40.

Time before that I sold at $0.60

I'll be tempted to think carefully at $0.20 ... or $0.40 ... $0.60 , depending on how fast the move. Exciting. :watching:

View attachment 165760

gg
no wonder you have such affection for the stock.👍
 
Careful with CVN…. It’s at a crucial point over the next 2/3 days…..
Harrold is prob responsible for Yesterdays Spike…. AND Sellers are now in control (see page 5)…
The CCI is DROPPING from a Double Top (see pages 108 & 109)….
And most other ST Ind’s are in Overbought Territory (see pages 37 – 43) with most beginning to Roll-Over ….

A Bullish ST Breakout from a Benchmark Candle Formation (see pages 197-199) is when there are 2 consecutive Green Candles wholly ABOVE the Top Benchmark Candle Formation Line, that is, OHL&C all ABOVE that Top Line - Then there needs to be confirmation from other Indicators, in my case I use the CCI & the MFI/DMI....
AND....
A Bearish ST Breakout from a Benchmark Candle Formation (see pages 197-199) is when there are 2 consecutive Red Candles wholly BELOW the Bottom Benchmark Candle Formation Line, that is, OHL&C all BELOW that Bottom Line - Then there needs to be confirmation from other Indicators, in my case I use the CCI & the MFI/DMI....
THEN.....
If the SP re-enters the Benchmark Candle Formation the entire process begins again....

CVN IV is abt $0.14 ATM…

CVN Cht 20201115 1056hrs.png

DMI Blue & Green are still above the RED - so it is still a hold for me....
 
Nero and @Garpal Gumnut have been accumulating you should say, Rock @frugal.rock .

My pick in the Dec. Comp. It has all been said above, huge and I mean huge oil potential off the coast of WA. A go-slow board and executive who one prays some day is taken out by a better predator.

Suffice it to say that a horde of low-life illuminati of ASF such as @Miner @Ferret @peter2 and @UMike have been attracted to it to name but a few, yet it remains not just a bridesmaid but that young lady who graces the tables at the bucks night whose Mum thinks she's at Uni. Even @Dona Ferentes ,and @DrBourse , @Sean K I suspect may have had a dabble at some stage.

In answer to my question.

How much cash did the oily chicken hold when it crossed the road?

gg

Lotsa cash, and more of late after getting rid of a field of hope for more than it was worth, whose name escapes. Dorado is where the money is and Dorado will deliver in quids.

gg
 
Nero and @Garpal Gumnut have been accumulating you should say, Rock @frugal.rock .

My pick in the Dec. Comp. It has all been said above, huge and I mean huge oil potential off the coast of WA. A go-slow board and executive who one prays some day is taken out by a better predator.

Suffice it to say that a horde of low-life illuminati of ASF such as @Miner @Ferret @peter2 and @UMike have been attracted to it to name but a few, yet it remains not just a bridesmaid but that young lady who graces the tables at the bucks night whose Mum thinks she's at Uni. Even @Dona Ferentes ,and @DrBourse , @Sean K I suspect may have had a dabble at some stage.

In answer to my question.



Lotsa cash, and more of late after getting rid of a field of hope for more than it was worth, whose name escapes. Dorado is where the money is and Dorado will deliver in quids.

gg
good luck
 
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