XAO 0.79% 8,075.2 all ordinaries

STTCOMP CAZ TA LONG Cazaly Resources limited SP---2.7c...

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    STTCOMP CAZ TA LONG
    Cazaly Resources limited
    SP---2.7c
    MC---6,286,115
    SOI---232,819,058
    CASH---$797,000 (740,00 from recent cap raise @2.5c)
    Parker Range Iron Ore Project--- fully owned project hosting a near mine-ready iron ore deposit located in the Yilgarn of Western Australia

    The Kaoko Project (cobalt)is situated immediately north of, and abuts, Celsius Resources Limited’s Opuwo Cobalt

    TA wise chart shows price has double bottomed @1.8c has tried to recover then failed ,and has bounced of a low of 1.9c,
    SP then consolidated and formed a ascending triangle from which the SP has just poked its head out of, which is above the 50 day MA (should wait for confirmation here before having a crack)Technically SP is still in a downtrend!!
    Good chance the SP could now have a crack at the highs from start of march which will be where the 200 day MA is.


    CAZ chart.png
 
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