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Zak Mir: Edenville Energy can go as high as 1.5p

Mir: Edenville can return to 1.5p

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.

Quick facts: Edenville Energy PLC

Price: 0.03 GBX

AIM:EDL
Market: AIM
Market Cap: £2.44 m
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