The counter broke up from down sliding channel as shown on upper chart below.
Zooming into shorter time frame, some significant buying volume entered the counter on last trading day. Shall buying interest continue and break up from immediate resistance 0.37, next resistance could be 0.4.
Friday, July 28, 2017
Friday, July 21, 2017
Chart[55] - Cogent
The counter saw strong buying volume on last trading day. Looking backwards, the price has been consolidating between 0.735 to 0.86. No significant selling volume in the period.
Zooming into the last three month activity as snapshot below. Price might face resistance ~ 0.8 to 0.81 when moving ahead. Shall buying interest continue, trader could target 0.86 as exit price.
Zooming into the last three month activity as snapshot below. Price might face resistance ~ 0.8 to 0.81 when moving ahead. Shall buying interest continue, trader could target 0.86 as exit price.
Friday, July 14, 2017
Chart[54] - CNMC Goldmine
The counter has been range bouncing between 0.255 to 0.305 for last two months. Price tended few times to break up higher with high volume as circled below. Shall buying interest come again, it shall test 0.305 and above. Immediate support 0.265.
Friday, July 7, 2017
Chart[53] - ComfortDelgro
The counter has been down falling since early May. Two years support 2.37 was broken on end June. Price finally found some support ~ 2.22. On last trading day, the counter rebounded with quite significant buying volume. It might suggest a pause from recent free falling. 2.37 has become new resistance shall rebound continue.
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