" This chart is due for a retracement" you said, however, there have been some very good news items lately.
There has been a delay before prices picked up. It is always possible that US FUNDS have suddenly stepped in, particularly after the much higher valuations than the current $4.80.( BTW, I don't see volumes on your chart)
Suggest, you read my last 8 posts (Alias=Halcyon) of
http://www.ozestock.com.au/MessageBoard.asp?Action=ListBySymbol&Symbol=CMQ
FA and TA are mutually inclusive(Stolwyk) and could it be that in this case, FA is the dominant factor?
Gerry
Readers,
Here are the valuations of 2 brokers, the first one (Pdf file, page 2-7):
http://www.chemeq.com.au/21.05.03%20Paterson%20Ord%20Minett.pdf
And here is the second one (pdf, pages 1-7):
http://www.chemeq.com.au/Tolhurst%20Noall%20Report.pdf
CMQ: http://www.chemeq.com.au/cgi-bin/email.html
Add to My Watchlist
What is My Watchlist?