CXO trade tomorrow is very important. We need to close above 965 ! 2 reasons.
The diagonal resistance dates back 14nov22. I have seen a couple of others post the recent diagonal, but zoom out and it actually started in Nov. Then zoom back in and one can see that the 8ema is tagging the 20sma. This needs to cross over, other back down again, IMO.
PS, W3 did mention that the 9 crossing the 13 too (well called!), this is an early indicator, but I wanted to wait for a slightly longer view, hence 8/20, given the recent trading.
RSI trending higher, SP apraoching the upper BB. Just need volume to follow now.
I have put my money where my mouth is, and went to 2/3 holding today. 1/3 left if it breaks above 1.02.
Then next target 1.20.....again.
So in summary, almost a bullish chart again. GLTAH. I look forward to tomorrows trade!
CXO trade tomorrow is very important. We need to close above 965...
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Last
14.3¢ |
Change
0.003(1.79%) |
Mkt cap ! $304.5M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $124.9K | 866.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 170 | 8006006 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 1282835 | 83 |
View Market Depth
| Last trade - 13.32pm 28/05/2024 (20 minute delay) ? |
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Last
14.3¢ |
Change
0.003 ( 0.14 %) |
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| Open | High | Low | Volume | ||
| 14.5¢ | 14.5¢ | 14.3¢ | 1391860 | ||
| Last updated 13.42pm 28/05/2024 ? | |||||
| CXO (ASX) Chart |