CCU 0.00% 5.8¢ cobar consolidated resources limited

Agree fully...38c from last year was short lived, but a lot has...

  1. 790 Posts.
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    Agree fully...38c from last year was short lived, but a lot has changed from then and ccu is moving forward.

    I have been trading this for the past couple weeks in the 30c-36c range, but I think I'll just put them in the bottom drawer for a couple of weeks now. First target is the 42c high, but once it breaks 38c again I think it will be on for young and old.

    Silver just broke out of resistsnce at 2420 imho and may just go for a little run here.

    Either way, ccu has found very strong support in the low 30's and barring unforeseen problems or silver crash to below $20, I think this is about as low as she's going to go in the near term.

    all imho...i am holding and accumulating below 34c

 
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