Hey SL,
I'm thinking its a triple bottom on weekly and daily and that we can expect 17.5c as a short term target, provided that 14.5c doesn't turn out to be a double top. Volume looks ok, even better on the weekly.
The last run up to 20c was 7 weeks or exactly 49 days and went from 9.3c to 20c which is a little over 115%.
If this run is the same time wise that will get us up to 1/4/13 which will be near enough to exactly 1 year from the high of 11c back on 4/4/12 which was actually a triple top as it hit again on 12,13/4/12 then reacted.
Ctp was supported 3 times (triple top) above this important high and as this run is starting from this position I think is very bullish IMHO and we could get up to 24.5/25c by 1/4/13.
snider
Hey SL,I'm thinking its a triple bottom on weekly and daily and...
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Last
5.0¢ |
Change
-0.001(1.96%) |
Mkt cap ! $37.00M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 5.0¢ | $61.41K | 1.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 462354 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 450000 | 1 |
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| Last trade - 15.12pm 30/07/2024 (20 minute delay) ? |
| CTP (ASX) Chart |