COK cockatoo coal limited

DAILY*Largest volume on a 2nd largest green candle in 2...

  1. 5,279 Posts.
    DAILY

    *Largest volume on a 2nd largest green candle in 2 years.
    *Comes after stochastics in record low oversold position.
    *Breaks hard off 2sd lower Bollinger.
    *Closes above 20 day ma
    *Close on it's high.






    INTRADAY

    *Closes on highest volume for the day
    *Walking the upper Bollinger Band
    *I followed the arvo action. Bids were very rarely sold into. A good sign that the action will continue on Monday





    Target - Who knows. However I do think there is much more to come. I believe that with the optimized feasibility study released yesterday, the market has begun to adjust it's pricing based on risk reward towards something far more realistic.
 
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