Look at the past 6 months and nearly to the day we are back to where we started. You can see a small head and shoulders pattern which now looks completed! I'm no chartest, but as Warren Buffett once warned he wouldn't like to make a living shorting stocks. A post a few months back included the interview explaining his reasons.
There is a lot of money most likely sitting on the sidelines waiting for a clear direction to where to park it. The uncertainty in the market is palpable at the moment and most quality stocks are bruised and battered after the last couple of weeks.
More and more working mines in the PGE sector would be running on fumes and mine closures will only put upward pressure on PGE prices.
CHN chart, page-8868
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Last
$1.81 |
Change
-0.005(0.28%) |
Mkt cap ! $704.1M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.86 | $1.76 | $7.489M | 4.131M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 540 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 13037 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |