Shares in Tanzania coal/power station group Edenville (LON:EDL) have bounced above 200 day line of 0.62p and broken the 50 day trend of 0.77p. While they are above this rising channel trend they can return to previous resistance line, or up to 1.5p.
Zak Mir: Edenville Energy can go as high as 1.5p
Quick facts: Edenville Energy PLC
Price: 0.03 GBX
Market Cap: £2.44 m
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