CUO copperco limited

just wondering, page-6

  1. 173 Posts.
    Hi Rudders,

    The drop seen is fairly normal for the recent trading pattern for CUO. Have attached a chart. After a sharp rise it tends to drop back between 38 and 62% of the gain made. I would have expected it to drop back to somewhere between $1.05 and $0.98 as long as other market forces dont interfere. It may still drop a bit from where it is or run flat before the next upleg which is probably a couple of weeks away. But this is a bit of a guess and based on previous patterns, a change in fundementals or general market conditions may change it.

    Cheers Fero
    CUO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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