Yeah. Not sure what to make of the Tuesday trading pattern. It took about 90 minutes to reach resistance at 238/242 and then held that line for most the day. If we look at the spread of trades and volume with ≈ 65% AM session (top chart) and 35% PM session (bottom chart) CU6 closed the day having presented as locked in market maker induced holding pattern. Bullish or Bearish? FA contributors seem to agree that it is hard to find significant science based downside on presented facts to date while from an analytic perspective economic uncertainty will most probably continue to underscore near term technical indication of direction. At a Tuesday close of 239 for me though from a purely trading viewpoint I am happy to hold a bearish to neutral position as ongoing volatility persists and recent 242 resistance remains unchallenged. GLTAH.
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Last
$2.23 |
Change
0.070(3.24%) |
Mkt cap ! $716.6M | |||
| Open | High | Low | Value | Volume |
| $2.15 | $2.29 | $2.13 | $4.198M | 1.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4477 | $2.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.23 | 9998 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| CU6 (ASX) Chart |