Hi Hairy,
My chart shows CPU "hugging" the trendline at around $3.38.
It also shows me that that is where the Guppy Long Term Multiple Moving Averages kick in.
By definition this suggests that CPU should find investor support at current levels.
If the stock falls to around $3.30, then we may assume that investor support is weak and CPU's current run is coming close to its end.
There is no easier way to knowing whether to hold or whether to fold than watching how a stock performs when it gests close to the trend line. I will be watching Friday's closing price for an indication of what to do on Monday.
I have CPU call warrants.
Hi Hairy,My chart shows CPU "hugging" the trendline at around...
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Last
$41.30 |
Change
0.480(1.18%) |
Mkt cap ! $23.98B | |||
| Open | High | Low | Value | Volume |
| $40.83 | $41.64 | $40.73 | $76.98M | 1.861M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3154 | $41.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.47 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| CPU (ASX) Chart |