Interesting looking at @W3hunter’s chart…
Buy & selling times pronounced- frustrating when you’re a long term holder though!
With these downtrends shorters using weakness in sentiment & news flow to sell it down. At the bottoms shorters already sold their share- so ran out of ammo, then when sentiment returns SP heads into uptrend and shorters buy- helping the uptrend to be stronger.
Bottom getting close to in- well oversold, so this presents a ‘buying’ opportunity, and then shorts realise time to buy back and return share to original holder.
Close to bounce, and hopefully Boss can give some positive news to bolster sentiment. SP atm is frustrating- but an amazing opportunity to top up or take a stake.
Cashed up, cash incoming, ironing out teething problems(as PLS, GXY, etc, have all been through), drill results extending resource… lots to like!
CXO - Chart Thread, page-7694
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.0¢ | $3.029M | 27.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 374502 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3715512 | 56 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |