Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at ASX:CST ...
I believe this code is at a point of potential volatility.
If price can hold above $0.088 ... Bullish potential may be unlocked.
My key upside targets include:
- $0.115 (Conservative)
- $0.140 (Medium)
- $0.175 (Aggressive)
...
The company engages in mineral exploration in the Northern Territories in Australia, primarily gold& copper. It is a WA based company. Technically the chart has 2 rounded bottoms formed & the price is at the breakout level. I always advocate you wait for a retest of the break before making a trading decision. Risk management is the key to success
