CCU
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0.00% 5.8¢ cobar consolidated resources limited

It looks to me like the low in Dec 2011 and the low in June 2012...

  1. Jetson5
    1,013 Posts.
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    10/09/12
    15:30
    Post #: 10696891
    It looks to me like the low in Dec 2011 and the low in June 2012 around 50c is a massive double bottom. This would suggest a strong upside move.

    Can the chartists comment on the chracteristics for this to be a confirmed massive double bottom and a possible upside target.

    I'm thinking $1 before yr end.



    CCU Price at posting: 74.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

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