Chart is good.
Stage 2 uptrend and 30-35% base forming since peak with good Mid base VCP characteristics.
Regardless of results, today was a good accumulation point for starting a position.
Next buy point would be a breakout near ATHs with similar VCP characteristics.
(VCP- Volume and Price Contraction)
Actually one of the better working setups in recent months has been stocks already in a stage 2 uptrend breaking out of a low or mid base point.
GLTAH
Potential Market Leader here
IMO DYOR
CTT chart, page-261
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Last
$1.42 |
Change
-0.005(0.35%) |
Mkt cap ! $539.4M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.45 | $1.40 | $1.793M | 1.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4559 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 5542 | 16 |
View Market Depth
| Last trade - 13.07pm 22/08/2024 (20 minute delay) ? |
| CTT (ASX) Chart |