CUS 0.00% 6.0¢ copper search limited

critical point in chart

  1. 3,482 Posts.
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    Much to my surprise CUS has run up from the Mid $2.50's to above $3.20...over a 25% rise. A fabulous run given there's been an 8 cent capital return as well. When I say surprise Im expect an eventual target in the $3.50 's ...was the strength and the speed of the run that caught me by surprise. Danger know lies in it's ability to surge through previous resistance at $3.25 where it has failed twice before. If it can keep going unabated I'd be really surprised. If it pulls back to $3.10...level ofsupport.....consolidates.....exhibits a flag pattern and turns up again I'd be more confident of it achieving it's run through to $3.45. It's a comfort to know that management can step in a purchase shares via the buy back at any time....perhaps the market is factoring in this variable. Good on the true believers who held from mid Nov till now when thier commitment was fully tested.
 
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Last
6.0¢
Change
0.000(0.00%)
Mkt cap ! $6.815M
Open High Low Value Volume
6.1¢ 6.1¢ 6.0¢ $14.22K 236.5K

Buyers (Bids)

No. Vol. Price($)
2 117543 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.1¢ 27366 1
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Last trade - 14.19pm 18/07/2024 (20 minute delay) ?
CUS (ASX) Chart
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