Thanks for the update mike, appreciate your work.
Technically speaking the stock has held 80c rather well in recent weeks on decreasing volume, a good hint at accumulative buying patterns. Like others I wouldnt have been surprised to have seen mid to high 60's during that period, particularly when you consider the stellar run weve have for the year and the coincident choppy markets.
In saying that I now feel that those waiting to top up or buy in the 60's may be disappointed. The meaningful volume today suggests she may be in for a run which reconciles well with the activity going in with the company that you have described. The weekly chart no longer shows an overbought situation with the stochastics now looking to tick up together with a dragonfly doji candle which can suggest a change of trend to up.
All in all it looks like shes set for another attack on $1...will it be third time lucky?
All IMHO
Good luck to holders.
- Forums
- ASX - By Stock
- CPL
- next week will be the start a big fortnight
next week will be the start a big fortnight, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CPL (ASX) to my watchlist
|
|||||
Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.33M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |