CKA 10.0% 11.0¢ cokal limited

I have done some chart analysis. Assuming we don't get any wild...

  1. 12 Posts.
    I have done some chart analysis. Assuming we don't get any wild news we are looking good.
    There is bullish divergence on the RSI when looking at the daily timeframe
    Strong support at 6.1c
    Next resistance is at 7c
    I think we will slowly move back up to 7c over the next week or so (assuming we don't drop below 6.1cents with bad news or a dump)
    If we can crack 7c with decent volume then we will slowly climb back up to 7.5c and hold between those levels until further news comes.
    A nice positive announcement from there will push us up to 8.4c
    Once we crack that level we are back on strong. Hopefully all the way up to 10-15cents
    I hope this plays out over the next 6 months
 
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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