CTO 0.00% 0.4¢ citigold corporation limited

cto alert ... astrostuff update ....., page-4

  1. 5 Posts.
    The longer term concern I have is that CTO has violated it's log uptrand that had been in place since 2001. Also, a double bottom on increasing volume hasn't proved as reliable an indicator as on declining volume for me. Conversely, maybe the increasing volume is accumulation (fingers crossed), and not a set up to break to new lows.

    This technical picture coupled with management's consistent over promising and underdelivering gives me a very sick feeling in my stomach - where's the Mylanta..
 
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