Have to be honest was expecting a small pull back today, but the SP marched higher. A small negative (short term) is that the solid part of the candle closed outside the upper bollie. But hey was not happy when the SP broke below 10, so happy for the climb out. Probably due to the cash flow update Ann, good read, happy!
So chart wise, the Bollies are opening, and SP is on the next run, the SP should be able to reach 14 where there is slight resistance. But note there will need to be a reset of the SP back inside the BB's at some piont.
8ema is climbing well above the 20sma too.
MACD and RSI are both climbing, looking good. There was a great buying opportunity for some when RSI went below 20!
LIT has bounced so this may help little ol' CXO too.
All the best. See what the market do in the US tonight, but could be a good week for CXO? AIMO.
Have to be honest was expecting a small pull back today, but the...
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $256.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.0¢ | $3.037M | 25.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 318278 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 2878347 | 41 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |