This level has acted as RESISTANCE for some time. Market dynamics, volume, timing of events, nearness to mining, Chinese connection, etc, all point to this being the time when CXN finally breaks through this mark.
This line will turn from being resistance to become SUPPORT.
The sharp rise over the last few days needs some consolidation at these levels for a few days. So todays action was excellent considering the general market.
Once it clears this level, one gets the sense that CXM will head straight for the 64 cents high ... and keep going.
I think its time!
:)
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.74M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CXM (ASX) Chart |
Day chart unavailable