CXM setting itself for a small uptrendCXM is very similar to WZR. CXM looks like it's preparing for a small uptrend. First it needs to rise a little, retrace and then should be a good buy.
CXM trade ideas
CXM0.160 Leaning on freedom (potash)This has been a very slow grind, but finally volume has appeared,
stt in red +40% from my entry avg
$CXM 0.160 potashWith their first potash shipment achieved, should bring some serious buyers in pretty shortly imo.
Decent upside potential from here, but will really need to smash thru 195 with a heap of volume to breakout
Good volume in all the right places
STT 0.195 +30%
holding
CXM deal and up 200%. Bullish pennant with possibility of more.$CXM Centrex Metals.. superb deal, up 200%, but likely not over. Benefits of a good register.. Top 20 > 70% owned, biggest substantial holders with over half. Selling today was in/out traders. Strong closing auction picking up slack. High 15.5c likely test again tomorrow. $cxm.ax
CXM.AU: Bullish Pennant, awaiting confirmation (46%)Bullish Pennant, awaiting confirmation (46%)
Pros:
Volume during post formation
Descending volume during triangle formation
Volume at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0 and ascending
ATR Ascending
R/R ratio above 6
250RSI above 50
Cons:
200MA Flat
Target:
PT = 0.094$
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