CGC costa group holdings limited

If CGC drops below $4.25 we may have a fast move down. It broke...

  1. 408 Posts.
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    If CGC drops below $4.25 we may have a fast move down. It broke out on the 11/04/2017 but since then it has been sold off. My worry is that it has not stopped at the top of the consolidation area ($4.40) which should have been support. It has crashed through that level & is attacking the bottom of the consolidation area ($4.25). If that does not hold then it is probably going to go down hard.

    "Fast moves come from false breaks"
 
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