CMO cosmo metals limited
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repeat of post on other thread:Depends a lot on the quarterly...

  1. paschal
    2,541 Posts.
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    27/04/07
    19:55
    Post #: 2397835
    repeat of post on other thread:

    Depends a lot on the quarterly cashflow. Without anything else it should hit at least a peak of 5.9c on its current momentum. It had and ADX cross of the negative DMI (the start of a long, strong, trend) on 5 January and went from 1.3c to 3.2c, a gain of 246%. It has had another cross on 19 April at 2.4c. Each cross of the ADX tends to give a similar percentage gain in small stocks, so 246% of 2.4c is 5.9c.


    A strong cashflow statement would be a bonus.
    CMO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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