Daz
Good charts. Wish i knew how to put them up but my late night two bobs worth is -
Untill the past say 9 months CTP has not had sufficient turnover to rely on technical analysis.
Last six months has seen a lot of progress with farmins and Board changes which all interfer with straight tec analysis
Without a doubt there has been a lot of "speculators" and short term pzrticipants in the CTP trading
Thede people are having a holiday till either Total or Santos start drilling next yesr. Then watch then rush back! 25c by April is quite likely IMO!
But back to the charts!
I am a believer in support and resistance lines and i think they are appropiate for CTP for last say 6-9 months
If you take your weekly chart and draw in support line under lows u will find SP is now on support and bounced a little
The low turnover last few weekd is a positive IMO in that pricd has bounced off support line regardless
I wont go into candlestics here as it is too complicsted with low t/o bug i feel we are at a low and good buying opportunigies exist
Fundsmentalsvare all good - the biggest operators in our country dont get involved and commit to massive expenditure unlessbthey consider success better than a gamble!!
Thanjs for charts znd sould bd usdfull if HC told us how to do thjd..msybe they do and I have not found how
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Last
5.1¢ |
Change
-0.004(7.27%) |
Mkt cap ! $37.74M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.1¢ | $9.557K | 184.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37777 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 16663 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37777 | 0.051 |
1 | 347403 | 0.050 |
1 | 200000 | 0.049 |
1 | 847077 | 0.048 |
1 | 200000 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 16663 | 1 |
0.058 | 172431 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
0.062 | 80000 | 1 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
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