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32.0¢ sunrise energy metals limited

Clq - charts, technical. Only., page-139

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sallywoofs

4,508 Posts.

783

15/04/18

04:11

Post #: 32461045
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Originally posted by ebner ↑

Nickel prices are hugely relevant, and the stock price tracked nickel price for about the first 9 months of last year, though it might have been somewhat coincidental, or at least partially so. But then nickel took off more, while the stock price retreated, so that was my point, a simple eyeball analysis could save you the math. I wish the stock price reacted more sensitively to nickel and cobalt prices during this period. In the approx 16 months I've held this stock, cobalt has tripled and nickel up 50%. I'm up 43%, if you would have told me those prices would be what they are today 15 months ago, I'd have figured we'd be at least double where we are now with the stock price.

Obviously nickel prices are influential but there are a lot of other variables with CLQ.

My impression on correlation was incorrect, though long term the prices are not as correlated as I thought, from the few times I had compared them.

Best regards

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CLQ Price at posting: $1.14 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 32.0¢		Change -0.025(7.25%)		Mkt cap ! $28.87M

Open	High	Low	Value	Volume
34.0¢	34.5¢	32.0¢	$32.56K	98.15K

Buyers (Bids)

No.	Vol.	Price($)
1	9999	32.0¢

Sellers (Offers)

Price($)	Vol.	No.
33.0¢	1537	2

View Market Depth

No.	Vol.	Price($)
1	29168	0.315
1	1616	0.310
1	20000	0.305
1	2500	0.300
1	2000	0.290

Price($)	Vol.	No.
0.330	1537	2
0.340	600	1
0.345	17093	2
0.360	22053	2
0.365	553	1

Last trade - 16.10pm 27/06/2024 (20 minute delay)

SRL (ASX) Chart