Falling sp has been on very low volume. Technically, April 21st high candle was outside the bollingers indicating overbought.
.049/.05 shows as a support line on the chart and is also the 50% retracement from the low on March 15th. I wouldn't be too worried about a fall that's a little below support - check out the March 15th low and how she rebounded from that!!
Historically, CEO sp has a history of rising unexpectedly and buyers will be waiting in the sidelines for sellers to accumulate.
Recent announcements and research posted here on HC add to my confidence.
I took a little reward from the recent high, but don't want to miss out on bigger and better things! I would say this is a good time to top up in anticipation of further announcements.
That's my take anyway.
Cheers
J/W
- Forums
- ASX - By Stock
- CEO
- solid accumulation and gap filling
solid accumulation and gap filling, page-2
-
-
- There are more pages in this discussion • 27 more messages 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 CEO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online