I'm calling this, "Hammertime" for CXO. I don't ever recall seeing as many hammers in a row.
My amateur take is this marks the end of the selling, and buyers are in the ascendance. Should be a strong bullish reversal of trend from here, especially with the bollinger bands getting very tightly squeezed (usually a strong indication a breakout / change one way or other is imminent).
What do you think @qiktory @peejayhercules?
Good news coming in the next week or two?
CXO Chart, page-613
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.2¢ |
Change
-0.002(2.13%) |
Mkt cap ! $196.5M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.6¢ | 9.2¢ | $931.9K | 10.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 870063 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 449898 | 9 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |