CTP 1.96% 5.0¢ central petroleum limited

millionaires club , page-12

  1. 17,257 Posts.
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    Selmax, I bought some CTP last week...just a bit coz my money was elsewhere. I decided to sell for petrol and grocery money type profit because I saw the same resistance you speak of at 14.5c. I figured short term I may be left holding the baby. I am currently doing brilliantly elsewhere in gold and uranium (flavour of the week)....energy was flavour of the week before that...so that was another good reason to get out short term....BUT....

    may I turn your attention to the chart. CTP has been trending sideways for nigh on a year now. There have been a couple of spikes in that time to 14.5c (pump) followed by a retrace the next day (dump)....but this time may be different....I've got a feeling that CTP may be forming a bullish ascending triangle. Already there have been 2 failed attempts at 14.5c this week. There is still time to accumulate on weakness IMO and I will be watching the chart carefully from here. I think CTP could have it's day in the not too distant future.

 
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Last
5.0¢
Change
-0.001(1.96%)
Mkt cap ! $37.00M
Open High Low Value Volume
5.1¢ 5.1¢ 5.0¢ $61.41K 1.222M

Buyers (Bids)

No. Vol. Price($)
1 462354 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.5¢ 450000 1
View Market Depth
Last trade - 15.12pm 30/07/2024 (20 minute delay) ?
CTP (ASX) Chart
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