Technical analysis, page-2

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Whampoa

591 Posts.

72

03/06/25

18:48

Post #: 79300536
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Originally posted by SpiralNotebook: ↑

Doesn't appear to be a charting thread for this company yet, so taking the initiative here.

I like to look at charts on longer time frames to keep it simple, while looking at the general price action instead of throwing up indicators. I love that this chart has broken out and closed above the tops of those previous wicks (circled). In May (last month), she went to back-test that previous area of resistance (that long wick) but held just fine as it came right back to close near that previous level in April at 25 cents. This may have confirmed that the early 20-cent area is now major support.

While the June candle is young, sellers have attempted to drive the price down below those previous wicks, but the market again has thought it was too cheap and have driven the price back up to 24 cents - where we are today and where I entered this stock for the first time. A break and close below those wicks on the monthly could mean an exit for me - but the risk reward setup here looks good (coupled with the Fundamentals, ofcourse) and I'm keen to see how this trade plays out over the next six or 12 months.

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not sure how you can do this without looking at the VWAP?
volume is too low for SP jump sto mean anything really

CVR Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 25.5¢		Change 0.000(0.00%)		Mkt cap ! $14.74M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	16250	25.5¢

Sellers (Offers)

Price($)	Vol.	No.
28.0¢	2827	1

View Market Depth

No.	Vol.	Price($)
2	16250	0.255
2	19000	0.250
1	11764	0.240
1	2700	0.235
1	20000	0.225

Price($)	Vol.	No.
0.280	2827	1
0.285	5360	2
0.300	9300	2
0.310	15000	1
0.320	60937	2

Last trade - 16.21pm 23/07/2025 (20 minute delay)

CVR (ASX) Chart

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Technical analysis, page-2

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Technical analysis, page-2

Top Stories

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

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Japan tariff deal inked at 15% – as long as US gets half a trillion of investment

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