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29.0¢ clean teq water limited

what has this got to do with research?

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petrez

275 Posts.

48

03/02/22

11:17

Post #: 59324780
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Originally posted by Ftrain: ↑

Anyone's thoughts on the current CNQ charts?
I thought that it's really interesting how the current downtrend the SP is in, starting from ~78c mark is so similar what we saw back in August. After about month of decline we again get a hammer type candle once with a wick down to the mid 50c area and rally up. Spooky hey?
Now looking at the order book, there's a big order at 70c and got me wondering if there are some intentional attempts to cap the price perhaps?k

All in all, I think this at least shows how much support there is at the mid 50c price. I also wonder if it shows that there are some interested parties out there actively trying to accumulate CNQ at these prices? Looking at on-balance volume in this down trend, there is definitely more volume on the green days. But the low liquidity, especially over xmas meant it was pretty easy to drive the price down on no volume.

Globally markets are pretty iffy, but continued increasing revenue + other positive news that brings in the extra liquidity could really see it move. All IMO of course.

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what has this got to do with research?

CNQ Price at posting: 65.3¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 29.0¢		Change 0.010(3.57%)		Mkt cap ! $20.19M

Open	High	Low	Value	Volume
28.0¢	29.5¢	27.5¢	$18.83K	65.80K

Buyers (Bids)

No.	Vol.	Price($)
1	44000	28.0¢

Sellers (Offers)

Price($)	Vol.	No.
29.0¢	52478	2

View Market Depth

No.	Vol.	Price($)
1	44000	0.280
4	20256	0.275
2	15000	0.270
2	13320	0.265
4	30000	0.260

Price($)	Vol.	No.
0.290	52478	2
0.295	30408	2
0.300	43371	2
0.305	60000	1
0.310	315	1

Last trade - 14.06pm 29/05/2024 (20 minute delay)

CNQ (ASX) Chart