I tried REAL HARD to not create my OWN Charting thread for CML but I see @CEBonomics started this off. Also, wanted to continue an AHEAD OF TIME analysis in a completely dead stock thread, making NEW TARGET LEVELS just to see that I am not influenced by rampers, instead I make my own conclusions
A DEAD THREAD since the September 2020 gap downs.... I guess I will get the thread started off again.
CML has seen a 1 year base now also making HIGHER LOWS
Attached below is a Daily chart very basic with just a simple support & Resistance level. Red Moving Average is the 200 EMA. I suspect a 200 EMA Breakout will take place, seeing as though CML has just done a Private Placement raising $1M issuing shares at 1.6c Well done GTT Ventures!
With Gold being active, aswell as market volatile conditions for all these reasons and above, I would suspect CML UPSIDE IS ANYWHERE UPTO 3.5c Short/Medium TermI do suspect a 1 or 2 pip stop hunt below 1.6c is probable, just to retest the higher low trendline before making its move back up, most likely in the form of a NEWS ANNOUNCEMENT - ALL CAPITALS CML STYLE
Sentiment remains as a BUY - NOT Held though I will have my alerts on this ready. Not sure I will have capital ready but yeah haha GLTAHz
CML chart, page-37
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.671M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $8.775K | 3.51M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 5311228 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 4130825 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 5311228 | 0.002 |
22 | 26973055 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 4130825 | 6 |
0.004 | 13373731 | 12 |
0.005 | 9672981 | 8 |
0.006 | 853499 | 8 |
0.007 | 273098 | 2 |
Last trade - 15.38pm 12/09/2024 (20 minute delay) ? |
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