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CYPRIUM METALS LIMITEDCC

CYPRIUM METALS LIMITED

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CYM trade ideas

CYM (CYM.AX) BreakoutI see two breakout patterns. One the longer term, which starts from the original gap down to 35 to the low of 12 at the end of March. The stock then moved up to breakout at 35 on 29/04. The target for this formation is 35 - 12 = 23 pips from the low point to the breakout point, giving a target of 58. The second is the shorter term, the smaller "cup" formation that starts at 42, down to the low of 32 on 14/05 back to the breakout point at 42 today. The target of this formation is 42 - 32 = 10 pips from the low point to the breakout point, giving a target of 52. So two breakout patterns in play, giving short term targets of 52 and 58.
ASX:CYMLong
by hlncapital
Jun 4, 2024
CYM.ASX Long @0.295Breakout Long @ 0.295 Tp 0.310 SL 0.280
ALong
by bnlf
Updated May 3, 2021

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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