CUO copperco limited

Hi Everyone,Havent posted a chart for a while so thought i would...

  1. 173 Posts.
    Hi Everyone,

    Havent posted a chart for a while so thought i would put one up. I know a lot of people on this thread follow fundementals and not technicals but just want to offer another possibility for the current pullback. From a technical point on the daily chart it is at a high point and traders are probably taking profits. The good thing is that the overall down trend may be broken. The share price may still drop back to between 0.54 and 0.57 after this this last good run up before we get another run up. But with a bit of luck the quarterly news may keep it up higher.

    Cheers Fero

    P.S. For those who are interested the Entry and take profit indicators on the chart are generated by the JBVPT indicator (Jim Berg Volatility Profit Taker)

 
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