CL8 back to long term investment buying... the trade for me was as per my TA post the evening before it went from 2.1c to 3.5c -
(No historical price point resistance from 2c to 3c, break of downtrend at 1.7c. break of horizontal resistance at 2c, with massive interest and buying volume)
(the exact trade for me was from 2c to 2.9c, with free carry left over)
CL8 a lot of the selling today would have been t1/2/3 so could bounce back tomorrow to 2.7/2.8c
And then based on fundamentals ie upcoming quarterly it could do anything...
Ill be back in for a trade on a solid close above at 3c or higher, aiming for 3.9c exit, then again on a solid close of 4c or higher aiming for something special.
ZIP Price at posting:
48.0¢ Sentiment: Hold Disclosure: Held
CL8 Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held
MRY Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held