CAJ 0.00% 36.5¢ capitol health limited

Chart, page-58

  1. 489 Posts.
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    Good price action today.  A recent sell off down to 28.5 and quick rebound to 31 signifies sellers are washing out.  The retrace from 34 was bigger than ideal.  I was hoping for an upwards resumption after the pullback to 30 but sellers pushed it slightly lower.  I suspect it's algo-games from funds or long-suffering holders bailing out.  

    I got stopped out just above BE a few days back (maybe due @Green56FJ !) but have since re-entered based on todays action.   If we break 31.5, a previous heavy selling level, we are hopefully on the gas after that.

    This could also be the start of a new trend, looking at the chart.   This is going to move soon it's just a matter of when.   A good FY plus the optimism of a proper breakout could see this reach much higher than expected in the short term eg 50c.  Forward looking is also strengthening.
 
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Last
36.5¢
Change
0.000(0.00%)
Mkt cap ! $341.1M
Open High Low Value Volume
36.5¢ 37.0¢ 36.0¢ $239.1K 655.9K

Buyers (Bids)

No. Vol. Price($)
1 30816 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 507823 3
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
CAJ (ASX) Chart
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