CAY 1.37% 7.4¢ canyon resources limited

TA thread (new)

  1. 1,858 Posts.
    lightbulb Created with Sketch. 246
    Apologies, couldn't find the old thread for TA.

    I was checking out the monthly charts for all of my positions today and something caught my attention with Canyon. See the potential pattern forming (in yellow)? Monthly doji candle with good volume signalling a turning point followed by price recovery and epic volume into higher highs.

    There's kind of two multi year trend lines as support and it looks like we snagged the upper line, just! Currently in September so that last candle isn't complete, let's see it above 10c come EOM.

    Cheers!

    https://hotcopper.com.au/data/attachments/3545/3545458-0c20e89b2e1fc62ab91fd97e395ab146.jpg



    Last edited by Helvetet: 04/09/21
 
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