CTM 5.75% 46.0¢ centaurus metals limited

CTM Chart 2022, page-514

  1. 5,295 Posts.
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    After every death cross in CTM's recent memory it's been followed up by a golden cross. Stating the obvious....

    The last major cross over was a death cross which is where we started to fall off the cliff at the start of 2023.

    Logic tells you that a golden cross is coming next, that is, unless CTM falls into the abyss and never recovers...which I think is unlikely.

    Chart is setting up well, as is the macro finally.

    CHN is proving to be a reliable correlation if you go back to when they released their scoping study. It took a few days to digest just how far off the mark CHN was in their SS. So if you correlate CTM/CHN from around September 5 2023 (once the news had been digested) until now, its a pretty tight correlation. No chart for this correlation here though....

    https://hotcopper.com.au/data/attachments/6092/6092982-d1253100279dc6ec9e254acd11e48183.jpg
    Last edited by HomeBrand: 10/04/24
 
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