GCN 0.00% 0.7¢ goconnect limited

A. = Most recent zone holding price at bay coinciding with the...

  1. 3,290 Posts.
    A. = Most recent zone holding price at bay coinciding with the 62.00% Fib.

    B. = Halted price 3 times at the real bodies.

    C. = Top of the most recent high.

    D. = This is the first target on breaking the lower resistance levels.

    E. = This is the next major zone and follows my previous analysis of saying "if it can break out of 0.071, 0.10 is the next likely target to aim for. imo.

    My strategy is I look for each target to be hit. On any failure to break through the zones I exit my position. As I have posted previously when I did just that. For the above targets to be hit it is obvious that A + B need to be broken first.

    In saying that, I did point out twice previously when I said GCN was giving good signals. At present I still feel the same. It's still making higher highs and the 0.037 wasn't retested.



 
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