CNB 1.37% 37.0¢ carnaby resources limited

Ann: Further Broad Zones of Copper Sulphides at Greater Duchess, page-42

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  1. 2,506 Posts.
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    But in your balanced argument you believe a 10% drop is consequential... so a 10% gain is too.....

    That's your whole point.... that 10% drops are meaningful, and mean that it was going to 25c.... so by your own assessment (not the cheerleaders) the 10% gain is consequential too.....

    Do you have any actual opinions apart from being a contrarian?

    Personally, I would say the important support held at 31c, positive news was since announced and going below that 31c support is very unlikely.

    Next support below that would be 26.5. So if I was a betting man, and I am, I would be pretty confident we'll see 50c before 25c.
 
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