Today was a good test of the old major support of 6.4c. The strong Close at 6.8c formed a nice candle stick hammer and showed confidence in the value.
The last few days the sp was slapping the bollinger bands at 7.2c and way over bought at 7.7c so a nice correction was needed.
The macd and wma are looking bullish for the uptrend to continue and the price channel has moved to 7.7c.
May see a leg up within the next few days with continued buying interest for that offtake! Tomorrow would be a good day to drop a ann hopefully a detailed update on the drilling program for they mentioned a 2nd phase rc at Ringwood to commence in "due course" 15 days ago.
Gltah cheers!
CXO Chart, page-333
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Last
9.1¢ |
Change
-0.003(3.19%) |
Mkt cap ! $196.5M | |||
| Open | High | Low | Value | Volume |
| 9.4¢ | 9.4¢ | 9.0¢ | $640.4K | 6.970M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 924479 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 380651 | 23 |
View Market Depth
| Last trade - 13.26pm 30/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |