I dont really agree.
"Nothing runs off "no news" what happened this week was a prime example, that just means that we are not privvy to the news."
"The buying has been going on since June. Check 01/06, 29/06 for spikes. CHN has been in consolidation/churning mode since June and the bollys are compressed."
Go check out the graphs and make your own persnal assumptions about this stock, but it is clear to see that it is being held back for reasons not normal.
"And when they (The insto's) have enough shares at their target price they will let it run. The ideal target SP was around 0.30/1 cents. If this is the break out it could run back up to 0.50 as the short term target"
weekly macd turned positive, page-49
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Last
$1.34 |
Change
-0.050(3.60%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.33 | $2.161M | 1.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18387 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 3757 | 2 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
