For those so inclined I've noticed the formation of a 'pennant pattern' on the WGR chart.
While I don't have the inclination to upload a chart onto HC, the pennant formation commenced as a result of the last drilling announcement on 08/09/09 with the 'cleanly defined' upward move followed by a small correction of this move.
The final segment of the pennant is resumption of the upward movement then consolidation resulting in a pennant like pattern that now exists.
Looking at the 'flagpole' component of the pattern one can deduce that the next leg up could potentially take the SP to around 0.65 or thereabouts?
I share the view of amo in that the next ann is now imminent.
CLM
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $26.45M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.8¢ | $30.8K | 280.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73636 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 155315 | 3 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| WGR (ASX) Chart |