For the TA's out there, a key Fibonacci level is 0.381 which is a price of $0.26. Look for strong support at this level and for a bounce off this price.
Good volumes this morning, on top of 20m + yesterday. This is going to bounce hard - when it does.
Remember all the other recent cap raisings in the lithium space and how successful they have been - PLS at $0.36 (now $0.98) and GXY at $1.70 (now $2.55) - even after allowing for the large price drops.
Bottom line is: CXO will drive strongly back towards recent highs as the flow of news and results are released by the company.
Banter and general comments, page-784
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Last
8.5¢ |
Change
-0.003(3.41%) |
Mkt cap ! $181.6M | |||
| Open | High | Low | Value | Volume |
| 8.7¢ | 9.0¢ | 8.5¢ | $841.7K | 9.702M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1089881 | 8.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 316745 | 2 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| CXO (ASX) Chart |