CTP 3.64% 5.3¢ central petroleum limited

technical analysis?, page-28

  1. 1,065 Posts.
    CTP 2WLY Chart.
    Taking a longer time frame reveals an almost perfect 'W' Base Pattern with HIGHER LOW!!!?
    It also reveals that major resistance was 14.5c?
    [There was of course a spike in Feb. to 16c.]
    The most recent volume [56.2M] is from 14th Sep with 2 more days to complete the total this week.
    The Fib. Projection targets [5.8c to 14.5c] are:
    161.80% = 19.88c
    261.80% = 28.58c

    Lions don't bleat
 
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