Closed below 200MA today with gap filled between $4.39 and $4.41.
One more gap below to fill at $4.27 from last run up.
May continue down and revisit bottom of pennant ~$3.98 by Friday close or into next week with further USD strength.
Should the current pennant fail (<50% chance IMO), the previous pennant is likely strong support at $3.30-$3.50 range, and I believe that would be a significant buying opportunity and likely a 12mth low lining up with $2.50 (9/22) and $1.30 (3/21). (Green dotted line)
Stay well, stay mighty, and love to your families CMM legends.
Closed below 200MA today with gap filled between $4.39 and...
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Last
$6.45 |
Change
-0.050(0.77%) |
Mkt cap ! $2.435B | |||
| Open | High | Low | Value | Volume |
| $6.52 | $6.52 | $6.33 | $6.623M | 1.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 360 | $6.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.45 | 5940 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| CMM (ASX) Chart |