5GN is a stock I’ve been watching (and now wishing I had been trading!). It’s relatively short listing history makes charting analysis a little challenging. While I’d like to see a pullback before buying in – and I may have already missed the bus – it looks good.
Most likely on Elliott Wave 3 which is the longest and strongest rising wave. Is in a technical uptrend and making higher lows and highs. If you had seen the break of downtrend back in 2018 and used the trading rules I applied – you would have had to wait 6 months to get an entry. It would have been a worthwhile wait as those trading rules gave a 150% profit over about 8 months. The next downtrend was broken by a ‘sucker rally’ which my rules saw a break even trade or small loss after brokerage. The next downtrend break trade is the current rally which is up 130% from my theoretical entry. The green and red horizontal lines mark my theoretical buy in and exit points based on trading rules.
Oh well – I’ll need to keep a closer watch on 5GN going forward.
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5GN is a stock I’ve been watching (and now wishing I had been...
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $59.91M |
Open | High | Low | Value | Volume |
17.5¢ | 17.5¢ | 16.5¢ | $86.54K | 505.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 340324 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 788632 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 340324 | 0.165 |
8 | 535020 | 0.160 |
4 | 198500 | 0.155 |
6 | 395900 | 0.150 |
2 | 55000 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 367947 | 6 |
0.180 | 205973 | 7 |
0.185 | 416295 | 13 |
0.190 | 736603 | 10 |
0.195 | 206500 | 5 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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Last
16.5¢ |
  |
Change
0.005 ( 2.94 %) |
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Open | High | Low | Volume | ||
17.5¢ | 17.5¢ | 16.5¢ | 64872 | ||
Last updated 14.13pm 28/03/2024 ? |
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5GN (ASX) Chart |
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