I see it more as trading in a downward channel rather than a descending triangle. I would have expected to see more bounces off the 31c mark to firm up the base of the triangle (but that is just my take on it).
If you compare the CNB chart to the XAUUSD chart over a 1 year period, they are behaving in a pretty similar fashion, albeit CNB having a more aggressive downward channel than that for Gold.
CNB is now into oversold territory so hopefully we can get some sort of a base or bounce, but I am unsure what the catalyst for that will be... further results from Tick Hill diamond drilling perhaps? or confirmation of additional cash received from BIM?
- Forums
- ASX - By Stock
- Charts & Broker Data
I see it more as trading in a downward channel rather than a...
-
- There are more pages in this discussion • 1,603 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
|
|||||
Last
38.0¢ |
Change
0.015(4.11%) |
Mkt cap ! $67.05M |
Open | High | Low | Value | Volume |
35.5¢ | 40.5¢ | 35.5¢ | $77.55K | 205.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20018 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 8118 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 20018 | 0.380 |
1 | 2100 | 0.375 |
2 | 5685 | 0.370 |
2 | 11685 | 0.365 |
1 | 3700 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 8118 | 4 |
0.395 | 13085 | 3 |
0.400 | 30500 | 2 |
0.405 | 2300 | 1 |
0.410 | 45000 | 2 |
Last trade - 14.56pm 11/09/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |