CMO cosmo metals limited

madmacs chart, page-8

  1. 547 Posts.
    Well I've just done a chart too ;) Warning I'm a bit of an unconventional chartist, my charts are mainly voodo and tea leaf reading so take it with a grain of salt ;)

    If I were to be setting a stoploss 2.4c looks like a good point to me, based on this charts lower trendline.... however it depends on whether you put in automated ones or manual ones, as intraday could see a spike down below this point as it is based on closing prices...

    This is of course assuming you have bought in at a point that makes 2.4c seem a reasonable stop... my buy price is .009 I sold all the shares I bought at 2.2 at 2.4 when I got the jitters.

    Anyway here is the chart, the 2.4c stop is based on the fact that the lower trend line would have been breached if it falls to that :)



    Tony.
 
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