CAP 2.27% 4.3¢ carpentaria resources ltd

start of 2012 for cap.

  1. 1,189 Posts.
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    Since the start of 2012, CAP's share price has increased by 33%.

    Yes, we have along way to go before we reach last years highs but there seems to be more interest in CAP over the last 4 weeks.

    I am extremely new to reading charts and apologise in advance if what is written below makes no sense at all.

    From what I can see, RSI getting into overbought territory, bollinger bands opened in early Jan and continue to open, with daily closing prices occuring with in the Bollinger bands, except on 4th & 18th January.

    Volume is larger on days where the share price increases and volume is lower on days the share price drops and MACD crossed upwards on 3rd Jan and came close to crossing downwards on 13th Jan but did not cross. MACD is currently giving a positive signal.

    Any experinced chartists able to comment?
 
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Currently unlisted public company.

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