Australia's largest stock trading and investment forum Australia's #1 stock forum

CTM

Click for more information

1.45%

35.0¢ centaurus metals limited

thanks for this mr squiggles. I actually had put my order at...

First 128 Last

Share
Profile

Follow
hoony86

1,741 Posts.

192

11/05/22

12:14

Post #: 61339381
Share

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.

Expand

thanks for this mr squiggles. I actually had put my order at 1.06 and it filled thinking it may not hi but it did

CTM Price at posting: $1.11 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

The Rising Tide: How institutional adoption is shaping the future of crypto

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

There are more pages in this discussion • 398 more messages in this thread...

First 128 Last

Add CTM (ASX) to my watchlist

(20min delay)
Last 35.0¢		Change 0.005(1.45%)		Mkt cap ! $173.6M

Open	High	Low	Value	Volume
34.5¢	36.0¢	34.5¢	$68.82K	197.9K

Buyers (Bids)

No.	Vol.	Price($)
3	61188	35.0¢

Sellers (Offers)

Price($)	Vol.	No.
36.5¢	27397	1

View Market Depth

No.	Vol.	Price($)
2	56188	0.350
1	2005	0.345
5	84000	0.340
1	30000	0.335
4	44560	0.330

Price($)	Vol.	No.
0.365	27397	1
0.370	16696	1
0.375	30000	1
0.385	6110	1
0.390	38670	3

Last trade - 16.10pm 27/08/2024 (20 minute delay)

CTM (ASX) Chart

SPONSORED BY