CAI 0.00% 11.5¢ calidus resources limited

CAI Chart - technical analysis, page-366

  1. 6,826 Posts.
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    I bought a parcel a few days ago at 37c on a short term upswing, but have been punished with a quick and nasty 10% fall with the chart now looking very bearish. So I've almost completely sold out again. I think CAI will only be safe to enter again in 4-5 months time if the SP manages to stabilise at this level, or at a lower support level. Chart is just saying its in a LT downtrend. Pity as I have a lot of confidence in DR and the CAI team. Strange too given the POG in AUD seems to be holding up fine. Good luck to all remaining holders.

    All IMHO, DYOR
 
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