ASX stock Analysis CVN

ASX stock Analysis CVN

Time Frame : Weekly Chart

Watching for Buy Entry Setup

CVN recently had a good run higher off the 23.5 cent area to show early signs that price is going to hold a higher low for a new leg higher. We expect price to find some selling pressure into 30 cents so will be watching for the reaction from buyers to hold a higher low on the first pullback.

Stock : ASX stock CVN

Current Price : 0.29

Status : On watch for a move above 0.33