CNB 5.19% 36.5¢ carnaby resources limited

Charts & Broker Data, page-499

  1. 1,654 Posts.
    lightbulb Created with Sketch. 2414
    CNB appears to be heading for the exit.
    The double top straddling the down leg was a real bitch and knocked 50% off the price. Keep an eye out for those.
    Seems to have a nice floor below the exit price so looks good to me. Smallish target price and has resistance to take out. From here, support is 17c but as the gold sector (I believe) has turned, unlikely to go there.
    Triple bottom could be a rocket booster.
    .
    https://hotcopper.com.au/data/attachments/3059/3059086-8757672df52a9cdde505c3d93dbf7aa8.jpg
    Last edited by Pointyfigures: 02/04/21
 
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