Of course it will play out in the normal way, it'll go up when there's more buyers than sellers and it'll come down when there's more sellers than buyers. You can talk funnymentals all you want but supply and demand is what moves stocks, nothing else, and that is why TA is just as relevant to this stock as any other.
And it's not necessarily about trading the stock, I haven't bought or sold any CU6 since around $1.20 but I'm always watching to see if/when it stops acting as a name being accumulated should
CU6 - ASX Charts, page-255
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Last
$6.90 |
Change
-0.090(1.29%) |
Mkt cap ! $2.175B | |||
| Open | High | Low | Value | Volume |
| $7.10 | $7.21 | $6.88 | $5.982M | 856.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5436 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 675 | 1 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |