Looks to me like the latest SP spike was a false breakout from the resistance level of 1c that we have seen for about the past year.
The false breakout last July took a few weeks to settle back down again to the resistance and support trend of between 1 and 0.6c.
I can still see the ghost of the 0.6c support level on the buy side. However, could 1c be the new support level?
Time will tell, so lets see if the SP breaks down through 1c over the next few weeks as the anticipation of the Baosteel move starts to wear thin.
Have they re-started drilling at Mt Eureka yet?
my sweet cullen, page-9
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CUL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.561M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2277011 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 950340 | 4 |
View Market Depth
| Last trade - 10.02am 16/07/2024 (20 minute delay) ? |
| CUL (ASX) Chart |
Day chart unavailable