COK
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0.00% 0.0¢ cockatoo coal limited

Sorry if someone has already pointed this out but 35 cents is...

  1. happyjack
    19 Posts.
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    25/07/09
    15:12
    Post #: 5430461
    Sorry if someone has already pointed this out but 35 cents is also the 61.8% fib line as well as being a pretty strong support line, in the daily chart it has stopped the downward rush four times and in the weekly it has formed a candle tweezer bottom. Volume has built some streangth since the share price reached the fib line in other words all indications appear favourable for longs bears watching very closely (No pun Intended)
    COK Price at posting: 33.3¢ Sentiment: LT Buy Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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