CTP 0.00% 4.9¢ central petroleum limited

Possible Flag Breakout Building?, page-15

  1. 1,673 Posts.
    lightbulb Created with Sketch. 89
    Gee you guys have been here while hey lol...

    Anyway back to the technicals (see thread title)...

    That pennant was broken 4 days ago and is holding very nicely at current prices...

    Supply around the 13c mark is virtually non existent and buyers are building below....

    14c is the resistance and once that falls I have a target of 18c for multiple technical reasons....

    Nice Golden Cross just occurred also!

    Coupled with the Fundamental reasons being covered by many here, this could really fire over the next couple months....


    All baring a complete market meltdown of course

    PS. I have been impressed how resilient CTP SP has been during these heavy down days
 
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