Comvita inverted hammer monthly chartFurther to earlier post, close up showing the inverted hammer outside of the bollinger bands
CVT trade ideas
Comvita Monthly Buy ZoneBuying into Comvita
Monthly chart going back decades
Has multiple reasons to buy technically, and is selling far below book value, has low debt to equity and current ratio of 5.54 so assets far outweigh liabilities
Low dividend, but this is really a long term capital gains play say 5 years should be up to at least $5-$6
CVT - Long @ 3.67 CVT - New venture on the horizon have been holding this since 01/09/21 this should boost as a good catalyst will see what kind on effect
NZX: CVT - Breaking out above prev resistance Entry at 3.67 will be watching the volume and price volatility
