Double bottom expires Fri 31/5
Double top expires Fri 14/6
I went against my prior analysis and bought a few back @ $4.72 on Friday due to a humanoid fear of being left behind with limited upside exposure.
So my decision was part emotional (Bad) and part technical (Good). The technical trigger was the MACD crossover to green. You can see prior price moves above where the black line crosses above the red and the follow on price reaction.
I'm guessing we'll yo-yo around the 50MA line till 1st June, at which point the 200MA will be above $4.60 and turning upward along with the 50MA.
As always - anything could happen. Perhaps it won't go below the 200MA until 2025? I'm feeling indecisive today - doji
CMM CHART, page-383
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Last
$4.70 |
Change
0.040(0.86%) |
Mkt cap ! $1.774B | |||
| Open | High | Low | Value | Volume |
| $4.66 | $4.72 | $4.63 | $5.930M | 1.266M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 649 | $4.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.70 | 18486 | 5 |
View Market Depth
| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| CMM (ASX) Chart |