Been some great sharing of info folks. Cutos.
For my kind of thinking going by the system I use, CU6 has been just dancing sideways for a while. It gave off one entry signal on the 2/06 (circled) and the upper wicks of the 6/06 and 7/06 meant the trade was petering out but apart from that hasn't given off an entry or exit signal. SP has been married to the bollie median until yesterday when there was definite direction and volume with it. But even then it was bought back up leaving an average wick.
Overall indicators are just going sideways.
To me it needs to get out of its channel before opportunities are offered. It's just so easy to get trapped currently. IMO.
And for the loooongs, the weekly looks like it's trying to bottom but still has a bit of work to do before it can be looked at as an investment. Gotta at least get to the median level. MACD likes what it is seeing.
Not wanting to be negative, but here's your greatest handbrake on progress currently. IMO.
Cheers
Been some great sharing of info folks. Cutos.For my kind of...
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Last
$2.08 |
Change
-0.120(5.45%) |
Mkt cap ! $668.4M | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.24 | $2.01 | $13.25M | 6.372M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10460 | $2.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 73748 | 4 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| CU6 (ASX) Chart |