CTP 2.04% 4.8¢ central petroleum limited

not happy john iv, page-23

  1. 1,396 Posts.
    Spot on Robs 15.

    Pretty hard to find common sense posts at times but yours certainly makes the grade imo.

    For the traders... looking at the daily chart at close of yesterday I see the RSI spot on 50 & rising. This is our performance ranking in the overall market. 50% is average. Stochastics seem to be bottoming...not a time to consider dumping imo. Volume is small...no big buying or dumping. Closing price sitting on 13 day moving average. Price has been going sideways in a narrow but volatile range since early May 2010.

    Daily charts are chopping & changing rapidly so those trading may well be getting whip sawed atm. Those traders following long charts atm are running a very high risk of missing the boat imo. I expect CTP will fly up or down in a flash when results become evident on O2.

    It's a risky business atm but it's nice to see CTP at 50 on the RSI at an uncertain time in an uncertain market.

    Good luck punters. As always we will need it.

    PS. No investment advice is intended. Everybody is free to buy, hold or sell at any time & to blame themselves for THEIR investment decisions...right or wrong.
 
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Last
4.8¢
Change
-0.001(2.04%)
Mkt cap ! $35.52M
Open High Low Value Volume
4.9¢ 4.9¢ 4.8¢ $977 19.94K

Buyers (Bids)

No. Vol. Price($)
1 993652 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 230082 2
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
CTP (ASX) Chart
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