CTP 0.00% 6.4¢ central petroleum limited

ctp down trending channel, page-7

  1. 1,065 Posts.
    Hi defplayer,
    I have added your Trend Lines,
    and now also see an expanding flat.
    It does allow for a higher Target Zone
    High = 0.039c
    Unfortunately, the Classic Double Topping
    patterns usually drive them to the opposite
    side of the Down Trending Channel.
    Some buyers will probably come in around the
    0.045c.
    A spike below 0.04c is highly likely.
    Cheers,
    U2
    Updated Daily Chart:
 
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