EVN/ASX

Currently short on EVN. We failed to break above my resistance line and now have made a lower low, meaning a possible trend reversal. I have drawn a major channel indicating major trend support lines. Currently running a fib retracement and looking to see if we find support on previous highs, the 200 and 314 moving averages. Not worth speculating at this stage, patiently waiting for a re entry. MACD, RSI and Momentum indicators are all showing a sell.

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