Short Term Trading Week Starting: 17 July, page-15

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    STTCOMP CY5 TA LONG

    CY5 - Cygnus Metals Ltd
    Mineral Explorer: Lithium as well as nickel, copper, and platinum group elements
    Market cap: $71.4M
    Last price: 34.25c

    CY5 appears to have formed a leading diagonal chart pattern. It has just completed wave 5 of that pattern and retraced just over the 23.5% fib line. It could retrace more and then continue uptrend, or simply continue the uptrend from here. The RSI is stable and shows that CY5 can move further upward. https://hotcopper.com.au/data/attachments/5433/5433014-c705da7181c41c8db093a3e0ba2b42b4.jpg
    Last edited by Ibza: 17/07/23
 
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