@Simo95, 100% agree.
For those that think the CXZ RSI needs to cool off from Friday's move before a re-rate can occur, that is not how this works. DW8 went from 0.5 cents to 4 cents (8 bagger) and the RSI remained in the "overbought" region the entire time during this 8x share price surge.
Looking forward to this week. Anyone who has been down-ramping this stock is going to be looking very silly indeed when CXZ finds equilibrium with fair value. Congrats to those that are able to pick-up shares on market tomorrow morning. I will personally be in the queue to buy more.
Even 4c is only a market cap of $34M, that's a PE ratio of 10.6
Looking forward to the show.
T.E.P.
Technical Analysis (TA) Thread: 10c target (c.$85m MC), page-20
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.03M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.7¢ | $25.19K | 933.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1352919 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 2678442 | 1 |
View Market Depth
| Last trade - 12.22pm 27/09/2024 (20 minute delay) ? |
| CXZ (ASX) Chart |