CFE 0.00% 0.4¢ cape lambert resources limited

break out

  1. 1,573 Posts.
    A strong day with a close of 46.5c above the 45c resistance. I see 45c now as a very strong support and the next leg up to 52c could occur Thursday or Friday. Close above that could see a massive breakout to 67c. Break above that and she could run blue sky high.

    My gut feel is that there is a deal with the Chinese about to be released any day. The deal will be better than the last one of $270million for 70% of the project that CFE chose to terminate. Trading Halt perhaps.

    Any chartist in agreeance or see it different.

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Last trade - 10.02am 09/12/2019 (20 minute delay) ?
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