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Coval is Still an Oval

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Coval looking like it wants to break out but that depends if it can hold the top of the descending wedge as support.
If it fails to hold it as support will be buying around 8.20-8.00
Details in chart.
Nota
Coval has made a higher high on hourly and as broken out of the wedge so these are the bullish signs. If it goes back into the wedge this is a false breakout.
Nota
Unfortunately it looks like my prediction of it going to the bottom of the wedge is playing out. Hopefully someone was able to benefit from my prediction

Penafian

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