CRS 0.00% 8.2¢ caprice resources ltd

building a base

  1. 1,200 Posts.
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    I thought Brunette may be right yesterday when CRS hit 54 and 53 looked likely and the depth looked atrocious....almost panicked. Re-assessed the chart and came up with a flag that has its top at 56 and bottom at 54. Break below 54 is bad and I will be looking to sell and buy closer to 50c. On a bad market day the fact that CRS is holding 55 and depth looks good again means that I feel sellers have exhausted themselves and a break above 56 looks likely in the days ahead and then we can all sit back and relax in my opinion. But beware 53c! anyone else have different thoughts on the technicals for CRS?? I'm talking more charting,not indicators. I'm aware of the MACD etc....but it's also oversold on a slow can create the picture you want with these sometimes.
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Last trade - 10.15am 27/05/2022 (20 minute delay) ?
CRS (ASX) Chart
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