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ankitagarwal89a
Aug 11, 2021 4:11 AM

ASX:CRN - CORONADO GLOBAL RESOURCES INC. Long

CORONADO GLOBAL RESOURCES INC.ASX

Description

Ascending triangle formation is clearly visible. IMO - there is a bit of swing possible still but a good entry point if it breaks 1.01 today.
Fib levels also looking good, breaking the triangle formation, it could go onwards to R1 and R2 levels.

TP not yet definte but who ever is following CRN and this stock's journey would know about the recent Results ann and they have been doing well in the past 6 months.

Feedback appreciated.

Thanks
Akki
Comments
AsimMirzaTrader
Hi Angit! Looking at the recent price action, it looks like it is heading up according to your plan and idea. It has broken the short term resistance and it seems it might continue higher. i will be interested to buy when it pulls back to ride the next swing. Great Work!!
ankitagarwal89a
@AsimMirzaTrader, Thanks Asim for the feedback, learning on the move :)
Cheers,
Ankit
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