CG1 2.50% 7.8¢ carbonxt group limited

scooter is showing its complete lack of knowledgeit is much more...

  1. 1,284 Posts.
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    scooter is showing its complete lack of knowledge

    it is much more difficult and error prone to call a stock or commodity to the downside cf making a bullish call

    in this case to call cg1 when 24 cents to make 10 cents has limited downside potential but unlimited upside capability
    the stock could only ever fall to zero , but the upside is infinite
    so to say that call was easy , well it looks easy now looking at the LHS of the chart in hindsight

    the second ridiculous statement or question is to expect a chart prediction now when the stock is still in a downtrend

    i don't know what types of bottoms scooter is familiar with , but this chart has not got a recognizable bottom in place
    not even WD GANN would make a call right now
    but rest assured scoot i will not post another chart here
 
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7.8¢
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Mkt cap ! $25.34M
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8.0¢ 8.0¢ 7.8¢ $24.63K 311K

Buyers (Bids)

No. Vol. Price($)
1 95000 7.8¢
 

Sellers (Offers)

Price($) Vol. No.
8.2¢ 32857 2
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Last trade - 15.42pm 04/06/2024 (20 minute delay) ?
CG1 (ASX) Chart
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