I keep looking at the yearly chart and I keep becoming more negative each time I look at it. 2011 showed a very nasty red candle with a 24c low. Highly unlikely that a candle such as that won't be followed by new lows in the next 2012 candle.
I originally thought that najor support around 17c would hold. However, with such an awful 2011 candle it should actually break that support so I'm now thinking down to around 12c, incidently where there is a gap from April 2009.
Still find it hard to believe with current fundamentals but that is what I'm envisioning from the yearly and monthly charts.
EC
I keep looking at the yearly chart and I keep becoming more...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.33 |
Change
0.085(6.85%) |
Mkt cap ! $515.3M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.34 | $1.24 | $4.618M | 3.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45000 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 3824 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |