It is in a long term technical downtrend uptrend, however as I write it may have hit a higher low and about to enter an uptrend at approx. $7.50.
Today, trend wise this is where Gann says safest place to buy, but the stock is not in an uptrend, so be aware of this.
In the past has fallen to $6 which is support.
Momentum and RSI indicate buy today, but only as entry to long term hold.
Risk of being stopped out is highish if buy now as would have tight stop.
Expect it to trade between 6-8 dollars for a while given the profit outlook over the next year or so.
So it all depends on your strategy and time frame if this stock is for you!
I have not done the fundamental research for this company to date. This will tell me if it is a buy or not according to my plan. DYOR.
- Forums
- ASX - By Stock
- CGF
- Why SP falling?
Why SP falling?, page-11
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGF (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.65 |
Change
-0.030(0.45%) |
Mkt cap ! $4.597B |
Open | High | Low | Value | Volume |
$6.68 | $6.73 | $6.62 | $23.14M | 3.478M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9370 | $6.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.69 | 12711 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9370 | 6.620 |
2 | 37960 | 6.610 |
4 | 13059 | 6.600 |
1 | 76 | 6.590 |
1 | 5000 | 6.550 |
Price($) | Vol. | No. |
---|---|---|
6.690 | 12711 | 3 |
6.700 | 9370 | 1 |
6.710 | 12370 | 2 |
6.720 | 47 | 1 |
6.750 | 1500 | 1 |
Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
Featured News
CGF (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online