From a purely non-TA point-of-view, I think a spike in SP and then a very gradual consolidation phase with decreasing volume means that the guys who bought at the top (4.7—5.0¢) are more or less still holding on to dear life. Usually if buyers come rushing in at the top like that, they're usually naive punters hoping for a quick flip, and hence why you see the usual spike and crash pattern in a lot of these small caps. When the music stops, those at the top start selling, triggering holders at the bottom to either top-up or sell to lock in profits. But so far I'm quite impressed with the new generation of holders. Seem to be holding on quite well... management should be happy with the SP performance so far...
- Forums
- Charts
- CZN share price
From a purely non-TA point-of-view, I think a spike in SP and...
-
-
- There are more pages in this discussion • 293 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CZN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $3.339M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $14.33K | 2.866M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 4357825 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 1306233 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 4357825 | 0.004 |
15 | 7170165 | 0.003 |
7 | 9801000 | 0.002 |
7 | 15300004 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 1306233 | 1 |
0.006 | 4685887 | 9 |
0.007 | 2435298 | 8 |
0.008 | 911129 | 4 |
0.009 | 856000 | 2 |
Last trade - 11.00am 30/08/2024 (20 minute delay) ? |
Featured News
CZN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online