CDV 0.00% $1.08 cardinal resources limited

CDV chart, page-94

  1. 3,304 Posts.
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    I think technically we are still in an uptrend....appears to be correcting within a longer term bullish trend. Although its MACD is presently below the signal line, the 100, 50, and 200 day simple moving averages are bullish, as all 3 are trending higher...but low volume lately, obviously suggests lack of buying interest.

    Depth now looking very shallow, share price may under attack until some strong support comes in by way of news or unless someone just wants to buy on market couple hundred k... had someone hold the price up (or genuine buyer?) at 45c today.

    Latest broker data I have, shows Argonaut, Hartleys, WeaHub, Deutsche as buyers (1.69m), and Pershing, BTI, Canaccord and UBS as sellers (1.29m). Argonaut the standout with near 1.1m.

    Oppies looking very cheap now, though someone wants out though at .32 for 250k.

    Shouldn't be too long now guys..news will flow very soon and sp is extremely sensitive now, so any decent news will put a rocket underneath it and anything bad, well you know.
 
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