CCM 0.00% 6.4¢ cadoux limited

FYI - charts/technical analysis, page-444

  1. 2,631 Posts.
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    yep spotted that this morning too. the significance is that the price is consolidating at the upper channel of the trend, whereas previously its sold down toward the support line before rapidly moving higher on each leg up.

    this suggests to me that we could see a breakout and leave this uptrend behind sometime later this week, which of course fits perfectly with the fundamentals and timing wrt expected JV announcement

    hold tight!
 
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