Australian (ASX) Stock Market Forum

CAG - Cape Range

Prediction
Tomorrow this will gap up then sell off ——- HARD
 
Some asked for a daily up date .

Testing of the high on low volume will not be bullish.
It will take a thrust to blast through.High volume without
falling a great deal will be bullish. (absorbing supply-those
taking profit).
Low volume in a tight consolidation pattern indicates supply
is holding off looking for higher gains. That's what we want to see in ANY rising stock.
It is more common after rises of smaller range. dropping back to a more widely accepted value
and staying there for a period is more likely with this chart---but early days. (After this huge range and volume bar)

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Just watching this and its spread.
Its pretty thinly traded even though it has some
massive moves. CURRENT pattern is typically bullish.
( Inside day within an inside day on low volume.)
If you were trading this you'd be waiting for one side to show its hand!
Which it will.

Pop corn.png
 
I want buy Cape Range ltd, these two weeks it raised 5 time to $1.1 , i think it can increse more times to $7. What do you think?please give me suggestion:)
 
I want buy Cape Range ltd, these two weeks it raised 5 time to $1.1 , i think it can increse more times to $7. What do you think?please give me suggestion:)
Billionhero, if you believe CAG can reach $7 you need to explain why you believe this.

Also, please stop posting the same thing over and over. I have had to delete half a dozen posts containing the same content.
 

Very tight range and low volume after the initial Spike …

Given the lack of interested Sellers after such an exponential rise, the company may well be onto something:cautious:

Trying to value this Cloud/software stuff is not my strong suite, but the price action is positive in the short term at least … good luck to anyone that saw the potential and holds:)

Thoughts Tech …

CAG 26 July.jpg
 
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Same old same old
No one showing a hand other than holding.
That in itself is mildly bullish.
Personally I think it could drop to the likely zone.
 
Surging another 51c today with a close of $1.61. Huge mover! Been busy with uni but it's great to watch the price action unfold. Let's see what next week brings.
 
This is as dodgy as all hell … I just hope nobody is buying this nonsense …

In saying that, it could go higher in the short term if the insider traders … (sorry, I mean smart traders:rolleyes:) decide it can be manipulated higher ..... but when the wheels fall off it will be back at 40 cents in the blink of an eye …. (within a short time frame I'd suggest:eek:)

Happy to eat humble pie if I'm wrong ... but I doubt I will be …..

Time to "call out" ASIC … Do your job guys!!
 
Yep …. I noticed that a few days ago …… Fried rice is great fresh but you cant leave it out of the fridge too long:cautious:
 
lolol the top 20 shareholders list might be the best thing I've ever seen.

Hence my fear for anyone buying KHo_O:)

Hopefully its not all a farce but from my experience any large sweet and sour input with no apparent justification never seems to end all that well:rolleyes:
 
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