On my technical numbers CMO should move from these levels to 3.8ish cents then 5.0. Using Phi analysis and a previous closing (not intraday) price high of 3.1 and recent low of 1.9 my price target maths is
target = previous low plus ((high-low)*1.618
target = 1.9 +((3.1-1.9)*1.618
target = 1.9 +1.9 = 3.8
next target after that is calculated by changing 1.618 to 2.618(1.618*1.618) which gives 5.0
So for trading it is buy at these levels sell at 3.5+, wait for a consolidation and get set again a bit lower for a run to 5.0. Timeframe 3 months.
good luck and I am a holder
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $5.798M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.8¢ | $12.11K | 617.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18143 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1201043 | 3 |
View Market Depth
| Last trade - 15.13pm 08/08/2025 (20 minute delay) ? |
| CMO (ASX) Chart |