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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CMO
cosmo metals limited
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On my technical numbers CMO should move from these levels to...
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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($) | Vol. | No. |
---|---|---|
2.3¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 478500 | 0.019 |
2 | 519654 | 0.018 |
2 | 100000 | 0.017 |
1 | 218000 | 0.016 |
3 | 435000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 150000 | 1 |
0.024 | 989433 | 2 |
0.030 | 27000 | 1 |
0.031 | 32290 | 1 |
0.054 | 30578 | 1 |
Last trade - 13.57pm 01/08/2025 (20 minute delay) ? |
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CMO (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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