CG1 0.00% 7.4¢ carbonxt group limited

a daily close below 10 cents will be a disaster

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    When cg1 was in the twenties we said a daily close below 19 would open the doors of hell
    we mentioned there was a crisis on confidence in management

    and so it did open the doors of hell. 19 cents was lost , then retested , before the move down resumed
    it was a critical level and confirmation that the market had lost confidence

    the next critical daily close level is 10 cents, below that we think would be a disaster
    interesting that order flow has identified this level independent of the capital raise

    all this should not have happened, management should not have left the company in this situation
 
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