CBO 2.75% $1.77 cobram estate olives limited

19-Mar-2024 : Keeping it Simple with Price Action & Technical...

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    19-Mar-2024 : Keeping it Simple with Price Action & Technical Analysis..

    @Fatporka This update is for your query.. Please note I do not own this stock and my analysis can have mistakes... so DYOR..

    I will pick up my analysis last posted on 18-Jan-2024 and my subsequent update on 24-Feb-2024. Do check those posts as they have my analysis at that time in detail, and what I had forecasted in my opinion.
    CBO - 18-Jan-2024
    CBO - 24-Feb-2024

    On a weekly chart, the price continued to show strength from that price of around 1.70, and has already gained almost 12% since then.
    In doing so, price has also crossed that long term RESISTANCE-4 band with a good bullish candle.
    To keep check from now, for that immediate resistance at the top of the last candle high at 1.930. If the price consilidates from here and makes the RES-4 as new support, then chances are good for it to cross that 1.930 and move higher.

    Good luck..

    https://hotcopper.com.au/data/attachments/6043/6043141-87275cffec0802731f38301e9ba10694.jpg
 
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Last
$1.77
Change
-0.050(2.75%)
Mkt cap ! $738.8M
Open High Low Value Volume
$1.84 $1.84 $1.76 $56.84K 32.09K

Buyers (Bids)

No. Vol. Price($)
1 5000 $1.77
 

Sellers (Offers)

Price($) Vol. No.
$1.85 40000 2
View Market Depth
Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
Last
$1.78
  Change
-0.050 ( 0.57 %)
Open High Low Volume
$1.77 $1.78 $1.77 6628
Last updated 14.27pm 17/06/2024 ?
CBO (ASX) Chart
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