Well I have surprised myself with how accurately the chart structure played to trend channel. You can see if the last wave the stock price hit the lower trendline at 53c and has bounced 31% since. I have used the recent 85% run from approx. 42c to 78, to generate a price target of 98c. Although this would cause CPV to break above the trend channel, would this really surprise anyone? I could see one or two larger contracts in diversified global markets putting a rocket under this. My stoploss will remain below the trend channel as experience has shown me, nothing is guaranteed in this market.
Well I have surprised myself with how accurately the chart...
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 (20min delay)
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Last
50.5¢ |
Change
0.010(2.02%) |
Mkt cap ! $122.2M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.5¢ | 48.5¢ | $159.7K | 321.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2165 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 40109 | 3 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
50.0¢ |
Change
0.010 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| 49.5¢ | 50.5¢ | 48.0¢ | 119387 | ||
| Last updated 15.43pm 17/05/2024 ? | |||||
| CPV (ASX) Chart |