CRS caprice resources ltd

Some technical thoughts (news will obviously affect...

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    Some technical thoughts (news will obviously affect this)...

    Price Action & TrendPrice
    : CRS has broken out strongly from a long consolidation phase.The uptrend began mid-March and continues with higher highs and higher lows.The today's candle is a small-bodied green candle with wicks both ways (doji) — this can signal a pause or minor indecision or controlled accumulation, but is not bearish.The moving average (20-day) is turning up sharply and the price is trending above it — which is a classic bullish confirmation.

    Volume Analysis: Volume spiked significantly around 21–24 March, exactly when price broke out of the sideways range.Volume has declined slightly since the breakout, but it’s still well above the prior averages.This suggests that smart money likely entered during the breakout.Current action might be a healthy consolidation before another leg up if no near term news — not exhaustion IMO.

    Support & ResistanceSupport:Near-term support $0.068–$0.070 (previous resistance and breakout zone) and even stronger around the moving average (~$0.062). Immediate resistance: $0.076 (tested today)If broken, next psychological target: $0.080, then $0.085–$0.090.

    Momentum & SentimentMomentum is bullish, though short-term is cooling just slightly.Volume + price action suggest there is still good buying interest.Traders may be watching for either a breakout above $0.076, or a pullback to $0.070 or $0.068 for a lower-risk entry.

    Tomorrow's Likely Trading Range without news (28 March 2025)Direction Range Estimate: High $0.076 – $0.078 Low $0.070 – $0.072

    Possible Scenarios without news:A bullish continuation and hold above $0.076 targets $0.080+Pullback: If it dips to $0.070–$0.072, look for a bounce — especially if relative volume stays low on the dip (bullish sign)

    IMO news will significantly disrupt the above one way or another....

    GLTAH

 
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Last
5.4¢
Change
0.000(0.00%)
Mkt cap ! $36.01M
Open High Low Value Volume
5.5¢ 5.5¢ 5.4¢ $171.2K 3.139M

Buyers (Bids)

No. Vol. Price($)
5 2101000 5.3¢
 

Sellers (Offers)

Price($) Vol. No.
5.4¢ 20000 1
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Last trade - 15.54pm 17/06/2025 (20 minute delay) ?
CRS (ASX) Chart
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