Look at CXG
Fundamentally Undervalued by miles.
Technically Undervalued by miles.
Ive been buying on the 18th and the 19th,
Slow Stochastic 14,3,3 was sitting on Zero!@ 24c
Slow Stochastic 5,3,33 was sitting on just 2
Way oversold and a great company fundamentally.
A re-action to the down trend is well overdue.
11 days so far under a 8 day moving average.
RSI broken through its trend line.
Support found at 24c, alignment with the March 26th high, a 45.45% Breakout day.
This aligns well for a bounce off the 61.8% Fibonacci retracement level
ADX measuring Trend strength reading of 35 will be supportive of fast paste move higher.
Liquidity will improve moving into the uptrend.
In reality sell depth is extremely light, I have been monitoring the marching of orders and market depth for almost 3 weeks., Reversal Bar will bring forward buyers Monday, My record stands for itself.
DYOR Always this is not advice.
AA
- Forums
- ASX - By Stock
- bargain
Look at CXGFundamentally Undervalued by miles.Technically...
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CXG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online