CCU 0.00% 5.8¢ cobar consolidated resources limited

The head and shoulders pattern did happen but so far silver...

  1. 23,142 Posts.
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    The head and shoulders pattern did happen but so far silver survived the $26.60 test...that is not to say it is out of the woods..not until it convincingly closes above $28-28.20 range.

    If you follow my thread, I have always believed in CCU but correctly predicted short term weakness- from 66c to as low as 50c today. Yes, it is a risk to sell (and take profit) when further announcements could take it higher.

    Does my sentiment change today because I bought in today? Absolutely, I bought in today because events (unrest, silver surviving the test and a low CCU price) made it attractive to do so.
 
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