CMO cosmo metals limited

cmo price technicals

  1. 733 Posts.
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    On my technical numbers CMO should move from these levels to 3.8ish cents then 5.0. Using Phi analysis and a previous closing (not intraday) price high of 3.1 and recent low of 1.9 my price target maths is
    target = previous low plus ((high-low)*1.618
    target = 1.9 +((3.1-1.9)*1.618
    target = 1.9 +1.9 = 3.8
    next target after that is calculated by changing 1.618 to 2.618(1.618*1.618) which gives 5.0
    So for trading it is buy at these levels sell at 3.5+, wait for a consolidation and get set again a bit lower for a run to 5.0. Timeframe 3 months.
    good luck and I am a holder
 
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(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $6.442M
Open High Low Value Volume
2.0¢ 2.0¢ 2.0¢ $7.8K 389.9K

Buyers (Bids)

No. Vol. Price($)
2 478500 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 150000 1
View Market Depth
Last trade - 13.57pm 01/08/2025 (20 minute delay) ?
CMO (ASX) Chart
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