I couldn't disagree with you more pa28.
CRS went into its last fall to 61.8% Fibonacci (52c) showing oversold MACD and though it broke it intraday has bounced back nicely.
Chart shows continuous accumulation despite the huge fall in price and demand is now heading up strongly.
Sure, it could retest 52c again. We would be so lucky?
Gold stocks haven't moved strongly up with the gold price because of the appreciation of the AUD.
Note that this was not the case last night. Gold rocketed and the USD/AUD stayed pretty steady.
crs, page-7
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Last
3.2¢ |
Change
-0.002(5.88%) |
Mkt cap ! $8.937M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.2¢ | 3.2¢ | $24.72K | 772.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 682580 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 131000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
3.1¢ |
Change
-0.002 ( 6.06 %) |
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| Open | High | Low | Volume | ||
| 3.2¢ | 3.2¢ | 3.1¢ | 558698 | ||
| Last updated 15.40pm 29/05/2024 ? | |||||
| CRS (ASX) Chart |