CEL 3.70% 5.2¢ challenger gold limited

CEL - technical setup v bullish, page-20

  1. 265 Posts.
    lightbulb Created with Sketch. 84
    https://hotcopper.com.au/data/attachments/2807/2807999-a0250d619132ff0c0840b4bdd5e2bf2c.jpg

    $CEL starting to look extremely strong with high probability of breaking through 2nd level of resistance @ $0.24 and should move up to $0.28 quickly if it breaks through next level of resistance @ $0.26.

    Then using the previous large breakout $0.075 to $0.275 ($0.20 gap) could see price move up to a high of $0.48.
    MC approx $320M, so not totally out of the question based on the potential of both resources.

    Will need a lot of things to fall into place for this to happen i.e. More positive assay results; extension of resource along strike; more positive assays from historical holes @ Colorado V; Gold price back to $2000; Markets to stay buoyant; so basically everything...lol...

    Just my ramblings and a positive spin on potential of this bad boy...

    Cheers
    Matt
 
watchlist Created with Sketch. Add CEL (ASX) to my watchlist
(20min delay)
Last
5.2¢
Change
-0.002(3.70%)
Mkt cap ! $72.99M
Open High Low Value Volume
5.3¢ 5.3¢ 5.2¢ $50.61K 970.9K

Buyers (Bids)

No. Vol. Price($)
1 19824 5.2¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 169356 2
View Market Depth
Last trade - 15.29pm 30/08/2024 (20 minute delay) ?
CEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.