Lots to love about the CTM chart.
Firstly, there’s a breakaway gap which ain’t going to be filled, IMO. Underscored by the huge volume on the day.
Secondly, as @buddi pointed out, a golden cross is fast approaching. The red is going to smash thru blue in the next 2 weeks.
Technically strong, and fundamentally strong.
In this case, trend is your friend until the bend at the end.
No bend in sight here, but resistance to the old 0.018 level is apparent and didn’t get thru on good volumes Friday. But there’s too much going on that a run is not far away, as a lot of posters have already pointed out.
Got my iPad screen fixed so it’s in for another pounding of the refresh button when we resume tomorrow.
This CTM story is way too good to be under the radar.
DYOR.
HB
Lots to love about the CTM chart. Firstly, there’s a breakaway...
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Last
34.0¢ |
Change
-0.020(5.56%) |
Mkt cap ! $168.7M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.0¢ | 34.0¢ | $220.5K | 614.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23244 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 54116 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CTM (ASX) Chart |