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Just recalculated and there might be a retrace to about 5.2c...

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Ibza

2,664 Posts.

154

04/06/24

12:10

Post #: 74154080
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Originally posted by Ibza: ↑

STTCOMP CXM TA LONG

CXM - Centrex LtdMineral resources in Australia: phosphate rock, potash, zinc and copper
Market cap: $48.8M
Last price: 5.7c

Bought some CXM today. I see it going further north up to about 8.4c . This is the 23.6% fib retracement of the major uptrend.
Nice small gap up on open today too.
The chart also looks a lot like a head and shoulders pattern on BUB.

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Just recalculated and there might be a retrace to about 5.2c first and CXM could go to 7.2c (not 8.4c within the month), but still a possible 25%+ stock.
3 Upvote

0 Great analysis

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