CAI 9.52% 11.5¢ calidus resources limited

ascending triangle

  1. 449 Posts.
    Several weeks ago we were alerted to the fact that this was forming an ascending triangle. The latest action seems to be confirming this (with the high being at 1.5c again).

    According to technical analysis, we may soon see it breaking out above 1.5c with an initial target of about 2.3c.

    Information about ascending triangles can be found here.

 
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