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New Buy Entry Alert CVN
Time Frame : Daily
Sector : Energy
Key Stats : $543.8 Million Market Cap, VWAP 0.41, ASX Ranking 337, 4 Week Av Turnover $1,413,229, Current Turnover (Intraday as at time of alert) $292,807.
Company Overview : Carnarvon Petroleum Limited (CVN) is an oil and gas exploration company focused on the North West Shelf of Western Australia.
Broker Consensus : BUY
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CVN – Carnarvon Petroleum Limited
CVN is showing some good signs of holding a higher low around the 0.40 zone so we are now watching for an opportunity to jump on board. Happy to buy on a push up through 0.43 and hold a stop loss at 0.375. If price falls below 0.375 prior to entry, will cancel the alert and re-assess the action.
Stock Code : CVN – Carnarvon Petroleum Limited
Company Website : www.carnarvon.com.au
Current Price : 0.41
New Potential Buy Entry (Trigger Level) : 0.43
Potential Sell Exit Zone (Stop Loss) : 0.375
Status : On watch for buy entry trigger
