but there are people who like me, Bassy etc who got in lower and are sitting on good profits, many others probably sitting on slight losses.
so with a few trading days till Jan and expected news, fairly significant news, I would wonder how m,any would be prepared to sell given how they have seen trading upon significant news.
RSI is around 46 now, if it were to get to 2 cents the RSI would be very low I imagine, if it got to that point I would sell everything I owned to get stock,
however I have put myself in a position to take advantage if it did drop, sometimes you can make just as much money if the stock drops.
I don't know if anyone has the guts to sell seeing there is expected news, if they do i will be waiting.
but I agree 3.6-3.7 is a psychological point. as it is the low last time.
if there was no news expected I would be well out now, 100% out, but it could turn up any time, in Jan that is.
GCN Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held