CNB 4.82% 39.5¢ carnaby resources limited

Charts & Broker Data, page-1398

  1. 135 Posts.
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    wasn't support for the falling wedge indicating $1.20 and it broke out to the downside yesterday?

    Can't see a breakout to the upside being supported without good news flow.

    The latest announcement saw a good push upwards only to be sold down most likely by investors who saw the fall from $2 and wanted to capture their profits with their new found second chance.

    unfortunately I think the short term is very unstable particularly with macro market influences. $2 by the end of the year would be a good result in my eyes
 
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