CTT 3.91% $1.35 cettire limited

Ann: Cettire Upgrades FY21 Prospectus forecasts, page-97

  1. 1,951 Posts.
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    Zac...,your decision..is your decision...it's your money my friend...you must always do what is in balance with your risk profile......First rule don't loose sleep....second rule remember the first rule.Each human being can only take so much STRESS....pull backs can be aggressive ..I believe we won't have such a pull back again for some time ..but pull backs even in an excellent stock can be two standard deviations from the 25 day mean..ie the bottom of Bollinger bands based on that mean and you've seen that happen recently in CTT....it had only a 5% chance of falling bellow $1.40 from its high of $1.87....and it also looked ready to turn ..I bought...a lot can't ..they just want to sell..emotions take over...it takes a long time to control your behaviour...and we are all human!!!

    I can tell you what I believe from my analysis...but nobody is infallible my friend....my charts say we will reach $2.04 c by 25 th of May and my fundamental analysis is at present is $2.30 ...however more information from the management as they see growth ahead for 2022 will give a much clearer picture ahead.....if present growth rates in Revenue CAN BE MAINTAINED we are certainly looking at a clear road ahead and much higher prices in 2022...and I believe that this is more than possible....but as I did say expect further pull backs at much higher levels ..about the $4 level....shake outs are common in any markets from Currencies ,precious metals to chocolate and Pork Bellies ....such is life!!!!
 
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Last
$1.35
Change
-0.055(3.91%)
Mkt cap ! $514.6M
Open High Low Value Volume
$1.39 $1.39 $1.31 $2.364M 1.754M

Buyers (Bids)

No. Vol. Price($)
1 5000 $1.32
 

Sellers (Offers)

Price($) Vol. No.
$1.35 8872 1
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
CTT (ASX) Chart
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