I'm calling a falling bull wedge on CTM.
The last 3 stocks I picked this on rose to 52 week highs after breaking out the formation. All stocks had similarly powerful fundamentals as Centaurus importantly with exploration timeline in their favour. Not to say it it's any indicator whatsoever with what will now happen at CTM but for me the fundamentals, newsflow and declining sell pressure with 5 rigs at double time and 10 new Greenfield targets and rising nickel prices tells me with chart data it's a probability this will be no different.
Sentiment is bullish with target being new 52 week highs in short time.
CTM chart, page-211
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Last
46.0¢ |
Change
0.005(1.10%) |
Mkt cap ! $228.4M |
Open | High | Low | Value | Volume |
46.5¢ | 46.5¢ | 45.0¢ | $14.37K | 31.00K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 21220 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.5¢ | 14995 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 21220 | 0.450 |
1 | 99996 | 0.440 |
2 | 26755 | 0.430 |
1 | 2320 | 0.425 |
1 | 24000 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.465 | 14995 | 1 |
0.470 | 30000 | 3 |
0.475 | 6351 | 1 |
0.480 | 6000 | 1 |
0.485 | 5000 | 1 |
Last trade - 15.45pm 05/11/2024 (20 minute delay) ? |
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CTM (ASX) Chart |