Well..
CXO used to bounce back heavily whenever RSI touched 28-29 level.
Most recently in June (+65% 2 months later) and again in Oct (+85% in 6 weeks).
RSI today was 29 and the pattens looking the same.
Penny will meet Wang Yi in Beijing tomorrow before trade talks. She will surely bring back some good news for ASX miners.
Along with Jan (most likely) production and more good news underway - the 3rd bounce is about to happen.
Banter and general comments, page-19675
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $257.1M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $544.7K | 4.724M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 97 | 5519160 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1347308 | 14 |
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| Last trade - 10.42am 04/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |