Yes, it's looking at breaking out of that descending wedge (which it has also done previously) I'm watching that strong support /resistance line at 4c created by the share placement. I think once that is convincingly smashed through there will be nothing holding it back. We need that to happen soon to keep momentum going before any sign of a new CR late next quarter.
Looking at this chart reminds me of the spike to 15c in 2016 on the very first sniff of lithium at Finnis. Funny how the market works, we now have proven resources, pre-payments, DFS, approvals and look where the price is sitting.
Yes, it's looking at breaking out of that descending wedge...
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $320.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.8¢ | 14.5¢ | $3.130M | 20.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1318338 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1101958 | 28 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
|
Last
15.3¢ |
Change
0.005 ( 7.09 %) |
||||
| Open | High | Low | Volume | ||
| 14.5¢ | 15.8¢ | 14.5¢ | 8286524 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| CXO (ASX) Chart |