CGR 2.94% 16.5¢ cgn resources limited

Ann: 2024 Exploration Program Commences, page-52

  1. 163 Posts.
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    I agree with AceRimmer I dont know why people put any weight on technical analysis of wholly event driven micro caps - the chart will reflect the newsflow not predict it. Plus the trade volume is too low to truly validate the chart - there is simply not enough behaviour/sentiment data in the chart the same way there is for, say, U$/AUs$ FX... Anyone can draw lines on a chart and extrapolate a hypothesis. CGR will smash the old highs of 26 if they find something, but it wont go to 30 just because it broke 26.
 
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