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EVE - Eve Health Group

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Re: EVE - Energy Ventures

CanOz said:
Nizar, only purely from a price action point of view, a close that far from the high shows that sellers won the day. Just be careful mate.

Cheers,
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Canaussieuck,

For the sake of further analysis, EVE opened at 19.5, highed at 23c and came back to 20c. Do you see this as sellers winning the day? Buyers won in the morning, sellers in the arvo and at the end of the day, slightly up. Wouldn't you say, buyers won the day...

Novski
 
Re: EVE - Energy Ventures

Novski said:
Canaussieuck,

For the sake of further analysis, EVE opened at 19.5, highed at 23c and came back to 20c. Do you see this as sellers winning the day? Buyers won in the morning, sellers in the arvo and at the end of the day, slightly up. Wouldn't you say, buyers won the day...

Novski
Click to expand...

Lets just conclude that brokers won the day with 13million volume going through the market thats alot of commission :)
 
Re: EVE - Energy Ventures

Novski said:
Canaussieuck,

For the sake of further analysis, EVE opened at 19.5, highed at 23c and came back to 20c. Do you see this as sellers winning the day? Buyers won in the morning, sellers in the arvo and at the end of the day, slightly up. Wouldn't you say, buyers won the day...

Novski
Click to expand...

No. If buyers won the day the price would have finished near the high. Its all about supply and demand, sellers put supply back into the market where on open, there was little.

For effort you get results, you had volume today (effort) and what was the end result?
 
Re: EVE - Energy Ventures

I see your point. I also forgot to mention that it lowed at 19c so that's more selling pressure.

Anyone else got views on this? I'm definitely no expert.
 
Re: EVE - Energy Ventures

Looking at the last 2 days we can see from this 30 min chart that buyers clearly have the volume. Sellers have taken advantage where the price has been highest with some selling below obvious support (triggering stops).

Buyers who could have maintained a high close have stayed away looking for value in buying.
If tommorow is weak (ASX drop in the DJI for example) so to will be buying.
If strength then I expect the buyers to return and sellers to hold for a better sell price.
 

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Re: EVE - Energy Ventures

Interesting take on it Tech. I can't see all of your chart, as per normal :(
but to me it looks like a blow off high now on the daily chart.

Good luck all.
 
Re: EVE - Energy Ventures

CanOz

Yes definately.
But lets look a little closer,All the action took place in the first 1 hr.
The rest of the day most trading which was thin ranged between 21 and 20c
There was a selloff after the announcement which was then taken up by buyers seeing value.

I actually expect trading to range around 20-18c for a while maybe a day or so.
Then we will see the color of the Stock.No real sellers or buyers after the first hr,so still a little unknown.

Stop is at 18c for me so trading at 17.5 would see me take a loss and stand aside.
 
Re: EVE - Energy Ventures

tech/a said:
CanOz

Yes definately.
But lets look a little closer,All the action took place in the first 1 hr.
The rest of the day most trading which was thin ranged between 21 and 20c
There was a selloff after the announcement which was then taken up by buyers seeing value.

I actually expect trading to range around 20-18c for a while maybe a day or so.
Then we will see the color of the Stock.No real sellers or buyers after the first hr,so still a little unknown.

Stop is at 18c for me so trading at 17.5 would see me take a loss and stand aside.
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Same with me.
I entered yesterday with a tight stop at 17.5c. Saw the buying support at 18c before the arvo run.

I really wanted to move my stop up to breakeven (to 18.5c) but the close today wasnt convincing.

Could range trade for a while but direction is up and i think that break of 17.5c resistance was significant.

Hopefully this one will be a slow and steady mover, but a multibagger over several months, like EWC!
 
Re: EVE - Energy Ventures

Yeah good to read everyone's opinions.

I don't know enough to give my opinion, other than to say I'll hold onto it until it either goes below 17.5 :( or reaches 25.5 :D . Hope it doesn't take too long...

Cheers

oh, and nizar no offence meant b4. forgive me

nizar said:
I said it in the post above reply to Can.
Overall trend is still up.
Big volume up day.
First lets see where the brokers close it.
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Re: EVE - Energy Ventures

Well dont blink!!

(Reminds me of the time I went to my dentist with a massive toothache---"Andrew Everytime I bite down I get this massive shooting pain through my top molar--- (Andrew)--Simply fixed Just dont bite!!).---Bloody genius!!!And I pay him to look after my teeth!!
 
Re: EVE - Energy Ventures

Anything to back the .30c prediction up?

I got out at .215 this morning also after questioning why I got into this stock in the 1st place.
 
Re: EVE - Energy Ventures

noobs said:
Anything to back the .30c prediction up?

I got out at .215 this morning also after questioning why I got into this stock in the 1st place.
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Im still holding this one.

Never needed to question myself as its heading in the right direction.
Never came close to hitting my stop.

But its good that you are being critical of your trading and SERIOUSLY looking at your losses and not only winners.

I plan to hold this one as long as it keeps going up.

An arvo run is still not out of the question... :2twocents

And dont tell me that fridays a bad day and traders tend to dump. Remember INL last week and WMT 2 fridays ago?

In any case, i will continue to hold this until the share price indicates to me to do otherwise.
 
Re: EVE - Energy Ventures

noobs said:
Anything to back the .30c prediction up?

I got out at .215 this morning also after questioning why I got into this stock in the 1st place.
Click to expand...

It is only a prediction, but there is a strong trend for it to be going up, it has doubled in the last month on no news. Even in the last 2 days it has been going up maybe not as quick as some hoped but still up, with strong buying support. This is the kind of stock that after holding it a couple of months you have made a 100 - 200 % profit. Also it is in uranium.
 
Re: EVE - Energy Ventures

Thanks Nizar and Trader for your posts - I also agree that the market sentiment for this one is due north. I guess I am thinking about us a little too much as I have been a holder since 9c and sold out at 17c. Than attempted the day trade at .205. I just think that they have gone the wrong way about things recently but anyway as if the market cares about what I think - Have to keep telling myself that one!!! Good luck to all holders
 
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