If you look at a weekly chart you’ll see this pattern
Below is how it’s going to look once this retracement(pullback) breaks which we are in.
it’s a typical pic of a cup and handle pattern
We are in the handle of Simple consolidation.
The trading short term target is measured from the base of the cup to the rim projected forward from the handle. Which in my calculation once this breaks is around $1.40to $1.50. The pullback of the handle is typically 1/3 into the cup
If you look at a weekly chart you’ll see this pattern Below is...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CPV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.5¢ |
Change
-0.005(1.11%) |
Mkt cap ! $105.5M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 43.5¢ | $16.61K | 37.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 45728 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 16094 | 4 |
View Market Depth
| Last trade - 13.08pm 25/07/2024 (20 minute delay) ? |
| CPV (ASX) Chart |