CTP 5.77% 4.9¢ central petroleum limited

possible head and shoulders top forming ?, page-34

  1. 2,465 Posts.
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    Freehold, I think you are right with the H&S call. I have seen this pattern play out countless times, each one is different of course. For those that are charting sceptics, then be so at your own risk as charts have been around as long as equity markets have and can give very powerful signs to those that can see them. There are many, many others out there (some with deep pockets) in trading land that can see these patterns form and will trade them accordingly. It's not the end of the world though, we might see the gap at 38c filled and it will be giddyup from there. I am not a seller though Freehold.
 
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5.2¢ 5.2¢ 4.9¢ $16 315

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2 281970 4.9¢
 

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5.2¢ 95840 1
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
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