CU6 - ASX Charts, page-280

Weren't you the one stating that charts weren't warranted and not to get hung up on them? You guys crack me up but all good.

This stock has been a cracker for so many reasons from a TA perspective. A simple weekly chart sees that it spent three months above 80 on RSI which is staggering on it's own but also seven weeks in a row where it closed way above the upper bollies. Quite unheard of. Certainly one to add to your notes. A brilliant rerating of a stock.



So where is it heading now? Well I love the way the SP tagged the lower bollie on Friday and immediately bounced but seriously after a raising I believe you need to get through a weeks worth of sessions for the SP to settle and print smooth data again to see where the market wants to go.



Think you'd have to be happy with how the hourly has responded as a momentum guide and has closed above the 8ema but again needs more time IMO.



Cheers