CT1 0.00% 1.7¢ ccp technologies limited

vaery happy with today

  1. ds
    7,132 Posts.
    I must admit I was sceptical about the follow on support for this stock after the last couple of days and a collegue decided to test that theory by selling a few of his shares and see what happened. He gave the 87's and it looks like he triggered a bit of selling - more imporatantly he flused out the buyers sitting under the market. He was sure he would get them back at 83c but the bounce was too quick. Less than 7% of todays volume traded below 86c and within an hour of 84 printing 88c traded 300k or a third of the days volume.

    Simply put there is good demand below here - add that to the repeat closes above 83c and I am starting to get all bulled up again. Todays dip was the minimum work we needed to see and came back perfectly to sit on the 83/84c level and reject it.

    Next move is to take out the retail overhang in the 90-95c area and then we get our new high's.
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Mkt cap $6.966M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $12.39K 729.3K

Buyers (Bids)

No. Vol. Price($)
2 166592 1.7¢

Sellers (Offers)

Price($) Vol. No.
1.8¢ 291257 2
Last update - 13.03pm 19/10/2018 (20 minute delay) ?
0.00 ( 0.00 %)
Open High   Low Volume
1.7¢ 1.7¢   1.7¢ 4171
Last updated 13.03pm 19/10/2018 (live) ?
CT1 (ASX) Chart
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