Hi Everyone,
Will stick my neck out here and sure someone will chop it off. But from the charts and indicators i tend to use i think CUO is at the turn around point and heading into its next upleg. Took a lot longer to get there than i had thought. Also appears the general market may also be heading up, would have felt a bit safer if the XJO had dropped a bit further as is a risk it could turn around again and drop further.
Have attached a chart of CUO and one of the XJO (asx 200). Take a look and feel free to add some opinions.
Cheers Shayne
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