There is no bearish engulfing pattern here.
If yesterday's open was higher then Mondays high and closed lower then Monday's low then it would have been.
The monthly chart is still looking positive and on every leg up the charts have been reading overbought since 6c and retraced to test the uptrend. We're still currently in an up trend just testing the trend. But in saying that a drilling update for further resources from bp33 or sandras should assist in upward momentum.
Cheers gltah.
CXO Chart, page-359
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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 |