Well, pretty much playing out as predicted above. Broke out of the pennant with authority today giving a price target of around $23.20 en route to next resistance around $26. The 200 day MA also fell today with a close above for the first time since November last year. The new uptrend is now confirmed with the shorts having no remaining technical support and are in full covering mode following ASX200 removal.
CUV Charting, page-89
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Last
$14.53 |
Change
-0.980(6.32%) |
Mkt cap ! $718.6M | |||
| Open | High | Low | Value | Volume |
| $15.35 | $15.74 | $14.23 | $4.011M | 274.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 575 | $15.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.08 | 100 | 1 |
View Market Depth
| Last trade - 15.59pm 09/07/2024 (20 minute delay) ? |
| CUV (ASX) Chart |