It won't go up until it reverses And to do that there will have to some sort of reversal pattern.
Which can happen at any time !
So people have to be looking.
None of the confirmation hurdles I have given so far have been achieved. So far ! A stock like this ( small speculative exciting ) can and will have very deep corrections at the beginning of the trend. May even fall under .036.
But as demand and supply battle it out the field of battle is always moving .. Support and Resistance is always moving.
So points to look out for today are .036 on the downside .041 on the upside ( That is the field of battle ) A move to .042 would form an interesting reversal pattern ( which then would need to be confirmed )
"The market will do the talking and" it is ALWAYS speaking.
Motorway
GCN Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held