CMR 0.00% 15.0¢ compass resources limited

time, page-21

  1. 10,771 Posts.
    PC43,

    I do like that level, especially 39c.

    Good resistance back in late 04 early 05 before that gap at 38c to become support now.

    Gann support in price at this level from the top at $6.25 would be 6.25 x 1/16 = 0.39

    Also and this is weird, as an adaptation of Gann's sq 9
    Sq. root 39 = 6.245

    Then again we've just hit support from the last top at 3.25
    on 19-5-08
    3.25 x 1/8 = 0.41
    Better to fall to 39c and bounce since that's coming from the major high and could be the big bad low that everyone's hanging out for?
 
watchlist Created with Sketch. Add CMR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.