CMM 1.23% $6.41 capricorn metals ltd

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  1. 2,659 Posts.
    lightbulb Created with Sketch. 109
    So Ive attacked some charts on larger Timeframes as that can help remove noise.

    The first is monthly. That is a reversal candle on decent volume. Will key to break and hold that 8c. That applies to all the TFs IMO.

    Screen Shot 2018-06-30 at 11.14.10 am.png


    Weekly shows a pocket pivot also confirming my reversal theory. Again 8c first stop.

    Screen Shot 2018-06-30 at 11.15.26 am.png

    The daily shows the recent Breakdown under support. Whilst I am not saying this is the case however a cheeky break of support is a trick used to hit stop losses and get cheap shares. Key will be to challenge that 7c resistance soon and break through. On the whole Id say a challenge of 8c coming ST however please bear in mind that is just my opinion .

    GLA Happy weekend

    Screen Shot 2018-06-30 at 11.17.16 am.png
 
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$6.41
Change
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Mkt cap ! $2.397B
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