Thought I'd post a chart to illustrate that CCU today broke through the downward trend line that has been in place for some time.
The candle was nice and green. This is not to say it's up and away from here, but at least the down trend has been broken, so what I'd look for is a re-test of that trend line at some point, and a bounce off that.
All that said, gold and silver looking the goods at the moment so obvivously a contributing factor to the rise in the SP.
Would've been nice to see some more volume but still happy with todays movement.
Cheers
SW
CCU Price at posting:
20.6¢ Sentiment: LT Buy Disclosure: Held