CCU
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0.00% 5.8¢ cobar consolidated resources limited

Optimists could see that as a bull flag what you refer to as the...

  1. Lighthouse
    1,937 Posts.
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    01/12/12
    15:25
    Post #: 11134974
    Optimists could see that as a bull flag what you refer to as the down channel. But there is also a chance of this being a large cup forming a low in this area with 27c support.

    New weekly and monthly bars start Monday so technically it still looks the goods here. Time will tell.
    CCU Price at posting: 33.0¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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