CBZ 0.00% 5.2¢ cbio limited

As others have alluded to its hard to get a concrete technical...

  1. 2,070 Posts.
    As others have alluded to its hard to get a concrete technical read on this one as shes thinly traded at times but I have this currently breaking out of the descending channel formed since the March highs. Clearly needs volume for confirmation so this should be seen as a heads up only, this could be the start of the next legup or just a test for sellers. It will be much more apparent should 62c be breached, which should coincide with decent volume to indicate conviction in the move. In any case my spidey senses are tingling...

    All IMHO only

    Good luck to holders.
 
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