I tried REAL HARD to not create my OWN Charting thread for CML but I see @CEBonomics started this off. Also, wanted to continue an AHEAD OF TIME analysis in a completely dead stock thread, making NEW TARGET LEVELS just to see that I am not influenced by rampers, instead I make my own conclusions
A DEAD THREAD since the September 2020 gap downs.... I guess I will get the thread started off again.
CML has seen a 1 year base now also making HIGHER LOWS
Attached below is a Daily chart very basic with just a simple support & Resistance level. Red Moving Average is the 200 EMA. I suspect a 200 EMA Breakout will take place, seeing as though CML has just done a Private Placement raising $1M issuing shares at 1.6c Well done GTT Ventures!
With Gold being active, aswell as market volatile conditions for all these reasons and above, I would suspect CML UPSIDE IS ANYWHERE UPTO 3.5c Short/Medium Term I do suspect a 1 or 2 pip stop hunt below 1.6c is probable, just to retest the higher low trendline before making its move back up, most likely in the form of a NEWS ANNOUNCEMENT - ALL CAPITALS CML STYLE
Sentiment remains as a BUY - NOT Held though I will have my alerts on this ready. Not sure I will have capital ready but yeah haha GLTAHz
- Forums
- Charts
- CML chart
I tried REAL HARD to not create my OWN Charting thread for CML...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GCM (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.937M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 18817061 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 8037758 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 18817061 | 0.002 |
21 | 25450613 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 7037758 | 8 |
0.004 | 19998731 | 13 |
0.005 | 9547981 | 7 |
0.006 | 853499 | 8 |
0.007 | 273098 | 2 |
Last trade - 16.12pm 27/09/2024 (20 minute delay) ? |
Featured News
GCM (ASX) Chart |
Day chart unavailable