CTP 4.17% 5.0¢ central petroleum limited

a history in charts, page-5

  1. 5,382 Posts.
    G'day Newjo
    Before any reversal of trend (as opposed to a bounce) I would "typically" expect some oscillator divergence, indicating the pilot is pulling back on the stick even though an upward trajectory has not yet materialized. This typically comes in the form of high lows on the rsi despite equal or lower price lows. Until the downtrend line (currently at about 7c) is broken I think successful tactics would be
    by on weakness sell on strength (traders)
    by on weakness sell if lows broken on a closing basis (story lovers)
    Potentially a tweezer bottom in the making today, but not yet fitting my perfect turn around image
    cheers
    Rod

 
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Last
5.0¢
Change
0.002(4.17%)
Mkt cap ! $37.00M
Open High Low Value Volume
4.9¢ 5.1¢ 4.7¢ $44.05K 911.5K

Buyers (Bids)

No. Vol. Price($)
2 20000 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 164625 2
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Last trade - 15.01pm 21/06/2024 (20 minute delay) ?
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