Your chart zooms in to show the last two years only. Pan out a bit and the channel you drew becomes a bullish flag correction within a longer term uptrend with the recently correcting price finding support and bouncing off the long term up trend line.
This is a looking like a very good long term entry point from which the fundamentals support a move all the way up to the top black rising trend line once the company hits production next year.
In fact the fundamentals support a break through that line and a sp well into the 30-40c range next year.
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- Ann: Cabinda Fertilizer Plant Construction and Development Update
Ann: Cabinda Fertilizer Plant Construction and Development Update, page-32
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.96M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.7¢ | $5.168K | 89.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 189673 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 190258 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 189673 | 0.058 |
4 | 139200 | 0.057 |
1 | 175000 | 0.056 |
4 | 145000 | 0.055 |
1 | 15094 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 190258 | 2 |
0.060 | 155390 | 2 |
0.062 | 192500 | 3 |
0.064 | 302384 | 2 |
0.065 | 9971 | 1 |
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