The chart for CYL is magnificent. A classic set up.
I picked them up at $1.795 for a trend bounce.
Have a look back down the trend and you see a previous consolidation period.
In 2017, ideally you would have picked these up at around $0.43 and sold around $1.34. It did stall before the take-off.
The rate at which gold stocks are moving, this current consolidation period should not last long.
From my perspective, picking them up under $2 is a bonus. I see they have popped up again but there may be another opportunity.
This is not advice but my read of my charts. DYOR.
Potential, page-29
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Last
$3.39 |
Change
-0.150(4.24%) |
Mkt cap ! $766.0M | |||
| Open | High | Low | Value | Volume |
| $3.57 | $3.61 | $3.38 | $3.906M | 1.132M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1476 | $3.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.39 | 55150 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| CYL (ASX) Chart |