CNJ 50.0% 0.2¢ conico ltd

Hi all,Today was an insane day. Looking very bullish at the...

  1. 3,258 Posts.
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    Hi all,

    Today was an insane day. Looking very bullish at the moment. Based on a few gaps, here are my targets for this stock:

    https://hotcopper.com.au/data/attachments/4358/4358551-7fc592a247031dd48c64d87534f99a9f.jpg

    A little closer - around 0.04 is the next target. The break was 0.016 - for me this was from a HHHL scan. I bought in on the red day after the break out - as I wanted it to be confirmed first (this current market sees lots of false breaks, so it is prudent to confirm it first). It would be great if we can see convergences of the 30 day SMA with the 100 and 200 day lines - it's not really bullish or in a confirmed up trend until it is trading above all three, AND that the 200 day SMA (my red line) is trending up. I would suggest having a stop loss in place, just in case this doesn't last.

    https://hotcopper.com.au/data/attachments/4358/4358557-9872eeedb683d7bfa569943a8e95f221.jpg
 
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Last
0.2¢
Change
0.001(50.0%)
Mkt cap ! $1.805M
Open High Low Value Volume
0.1¢ 0.2¢ 0.1¢ $18.34K 18.26M

Buyers (Bids)

No. Vol. Price($)
29 38938343 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 12028778 17
View Market Depth
Last trade - 15.29pm 14/05/2024 (20 minute delay) ?
Last
0.1¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
0.2¢ 0.2¢ 0.1¢ 465000
Last updated 14.50pm 14/05/2024 ?
CNJ (ASX) Chart
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