CTP 0.00% 5.0¢ central petroleum limited

green on a red day, page-3

  1. 3,048 Posts.
    To me it suggests possible weakness from short term investors expecting the release of a report on the oil reserves at Surprise, a possible double top and reversal to 15 cents as short term day traders pull the SP down to 15 cents. Fundamentally it still looks good but the chart to me looks like a short term reversal to 15 cents in the absences of news.

    (The contrary view to that one is RC does such an awesome spruik at the conference that everyone beats down his door and buys shares in a rush tomorrow...)
 
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Last trade - 16.12pm 14/08/2024 (20 minute delay) ?
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