GCN 0.00% 0.7¢ goconnect limited

Yes you can see the change of behavior in the last two days.A...

  1. 652 Posts.
    Yes you can see the change of behavior in the last two days.

    A hint is provided by "Activity"

    The number of trades at a price level

    We want to see activity increase as buyers hit the offer.

    Eg the last action at .038 was 1 small trade

    Friday we had 1 trade at .039, 3 trades at .04 and then 12 trades at .041 ----GOOD

    Finished at .04 with just 5 trades--- Again GOOD ( expansion on the way UP Contraction on the way down )

    "Seems the trading may have also changed last few sessions, buying and selling, watching very closely ATM."

    Yes and Yes --> is time to watch closely !

    We see the Volume coming in and hitting the offer now.

    It is likely the train has left the station
    for all points NORTH !

    Motorway


 
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