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14.3%

0.4¢ castle minerals limited

Was thinking to pick up more today as it turned up nicely, so i...

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Luckonmyside

1,558 Posts.

110

13/04/22

17:19

Post #: 60837671
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Originally posted by Stocki: ↑

Visually not a good sign as it breaked below the trend line but this is also due to external market factors, nothing to do with fundamentals of CDT itself. The more quickly it goes down the more quickly it will recover, keep this thing in mind if any one thinking Panic selling. We have clear recent examples of market behaviour during Jan and Feb and how quickly it recovered itself. Li is not going any where and we have multiple metal projects.

Now in the forex market USD slips down, good sign after the release of CPI DATA OF US. Not a huge increase in inflation Feb Vs March, only 0.8 in numbers increased, as was previously anticipated higher. So FED will probably stay with its decision to increase policy rate by only 25 basis and not by 50 basis as was expected by market previously due to which we are experiencing this down trend in world markets.

The critics mentioning that the month to month inflation is decreasing which means the inflation probably has reached to its plato. Resultantly,so far US futures are positive now, and market can start recovering tomorrow. Good sign, lets see..

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Was thinking to pick up more today as it turned up nicely, so i did.
Hopefully low is in for now

CDT Price at posting: 5.9¢ Sentiment: Hold Disclosure: Held
12 Upvote

0 Great analysis

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(20min delay)
Last 0.4¢		Change 0.001(14.3%)		Mkt cap ! $5.311M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.4¢	$2.214K	576.2K

Buyers (Bids)

No.	Vol.	Price($)
27	20434271	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	1901695	3

View Market Depth

No.	Vol.	Price($)
27	20434271	0.003
13	13651675	0.002
9	14285050	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	1901695	3
0.005	8230547	14
0.006	2384595	5
0.007	2452362	7
0.008	2601297	3

Last trade - 13.00pm 19/08/2024 (20 minute delay)

CDT (ASX) Chart