CDT 0.00% 0.4¢ castle minerals limited

Hi AllDespite CDT not having put a drill bit in the ground on...

  1. 5,702 Posts.
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    Hi All


    https://hotcopper.com.au/data/attachments/4207/4207532-cd42bcd472f0adfce92401fb2ea38eaa.jpg
    Despite CDT not having put a drill bit in the ground on any of their vast amount of projects yet, ( correct me if i am wrong ), the chart is looking BULLISH to the CORE!!!.

    The ole classic , break strong resistance and then challenge it to act as support looks to be true here, and fits in perfectly with EW principles, one being , wave 4 down doesnt enter in wave 1 territory , within reason for sub waves as they can slightly enter, such as dipping to the 50 fib 5.6 support or even 61 fib ( 5.4 ) , but in general, doesnt go below the 38 fib which is where it is currently.....biggrin.png

    I took the opportunity to double my holdings with this current dip, RSI 14 perfectly placed , just above 50 and very little resistance holding CDT back once 6.47 resistance gets broken, which is minor in itself.....i see 10c on the loom easily if one piece of positive FA news drops, .....wink.png

    MACRO...........DOW up 150...........nice recovery going on.......assuming DR MAD PUTIN doesnt go nuke!!

    Lets hope the OLIGARCHY make a claim for the $1m bounty on Putins head........they need the money !

    CDT is primed for the next leg up

    https://hotcopper.com.au/data/attachments/4207/4207571-808ac99bb909018c9c10ef8973718b99.jpg


    Sentiment changes to BUY !!

    Have a good weekend all.

    imo
    Last edited by beisha: 26/03/22
 
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