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5.00%

52.5¢ centaurus metals limited

Great call Steve, spot on. Have you changed brands of tea leaves?

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Von Rico

4,833 Posts.

1140

10/05/22

11:04

Post #: 61309883
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Originally posted by SteveOz: ↑

CTM is amazing. Since the last split it's only tested the 200 day average twice. Now it's looking to test for the third time. The MACD is still dropping with no sign of turning so that tells me it's definitely going to the 200 day at 1,12-1,13. It'll likely spike down to 1,09. The RSI is just in the 'oversold' zone as shown below and will likely penetrate that area similar to the recent past when it did similar.

You are all probably aware that the drop has nothing to do with CTM as a company, but rather the broader economic and political situation world-wide. As far as I know, the commitment and investment that Western governments have made into 'green' energy and fighting climate change is substantial and will pick up in fits and spurts as the market works out what the economic policies have in store for us. It's all a bit up in the air at the moment, so difficult to predict. I know one thing, CTM is a great mining company in the making and I have complete confidence in management to realise their stated goals in due course. All in my opinion, and I encourage you to do your own research.

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Great call Steve, spot on. Have you changed brands of tea leaves?

CTM Price at posting: $1.08 Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 52.5¢		Change 0.025(5.00%)		Mkt cap ! $260.7M

Open	High	Low	Value	Volume
50.5¢	52.5¢	50.5¢	$175.3K	339.0K

Buyers (Bids)

No.	Vol.	Price($)
1	29689	52.0¢

Sellers (Offers)

Price($)	Vol.	No.
52.5¢	41950	1

View Market Depth

No.	Vol.	Price($)
1	29689	0.520
1	10809	0.515
2	41079	0.510
1	4000	0.505
1	19855	0.500

Price($)	Vol.	No.
0.525	41950	1
0.530	58898	3
0.535	21200	1
0.540	33963	4
0.545	25000	1

Last trade - 16.10pm 03/10/2024 (20 minute delay)

CTM (ASX) Chart