TRADESETUP

July 1, 2020

PNV ASX stock Analysis

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PNV ASX stock Analysis

Time Frame : Daily Chart

Watch for BUY Entry Setup

PNV is holding up nicely above the 2.30 zone as buyers are happy to soak up any pullback for now. Price needs to hold a higher low again on increased volume before we are convinced that price will head higher and test above 3.00. We do not want to see a move back down to 2.40 as that is not showing the strength we expect to see.

Stock : ASX stock PNV

Current Price : 2.65

Status : On watch for a move above 2.80

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