Talk about a stairway to heaven and a highway to Hell sort of trading pattern
Almost a PDN sort of chart when it ran all the way up to $10 and fell back to where it started from...
The CHN price now is the same as the high of the initial discovery hole which was the best back in 2020...
talk about Dejavu....
This won't bottom on a V pattern to much pressure on the downside...
I would look for an entry on a solid bottoming pattern something like a DB or similar...
GL there is one last small gap at around $1.17 before the final runaway gap at 0.88c which will not be filled IMO unless they exhaust all there cash chasing something that will never be mined - Not saying this will be the case but who really knows?
Sorry about all the jitter on the chart
Talk about a stairway to heaven and a highway to Hell sort of...
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 (20min delay)
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Last
$1.12 |
Change
-0.060(5.11%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.18 | $1.08 | $7.984M | 7.174M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 85126 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.13 |
Change
-0.060 ( 4.57 %) |
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| Open | High | Low | Volume | ||
| $1.17 | $1.17 | $1.08 | 1471311 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| CHN (ASX) Chart |