CG1 carbonxt group limited

charts don't lie , only our interpretation

  1. 1,389 Posts.
    lightbulb Created with Sketch. 46
    while all were talking bull flags , bull breakouts and moving averages , the charts were really saying that CG1 had topped
    the professionals had taken their money off the table while the retail buyers had a blinkered view
    the price had the same range up , but had taken longer to get there , basic loss of momentum .Traders would have seen this setup , even a prickle farmer from the bush told you that the top was most likely in ,and when a new daily low was priced in there was confirmation.
    this was the chart I used, I have not amended or recalculated , it picked the top to half a cent ,but the top should have been days earlier that why I became less enthusiastic of the bull case. When the present range down exceeded the previous range that sealed the deal.
    https://www.tradingview.com/x/VRj3v8dT/
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
6.5¢
Change
-0.002(2.99%)
Mkt cap ! $27.21M
Open High Low Value Volume
6.5¢ 6.5¢ 6.5¢ $7.995K 123K

Buyers (Bids)

No. Vol. Price($)
1 565185 6.5¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 30000 1
View Market Depth
Last trade - 10.28am 11/09/2025 (20 minute delay) ?
CG1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.