while all were talking bull flags , bull breakouts and moving averages , the charts were really saying that CG1 had topped
the professionals had taken their money off the table while the retail buyers had a blinkered view
the price had the same range up , but had taken longer to get there , basic loss of momentum .Traders would have seen this setup , even a prickle farmer from the bush told you that the top was most likely in ,and when a new daily low was priced in there was confirmation.
this was the chart I used, I have not amended or recalculated , it picked the top to half a cent ,but the top should have been days earlier that why I became less enthusiastic of the bull case. When the present range down exceeded the previous range that sealed the deal.
https://www.tradingview.com/x/VRj3v8dT/
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CG1
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Last
6.5¢ |
Change
-0.002(2.99%) |
Mkt cap ! $27.21M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.5¢ | $7.995K | 123K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 565185 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 565185 | 0.065 |
2 | 133150 | 0.060 |
1 | 10000 | 0.058 |
1 | 16667 | 0.030 |
1 | 35749 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 30000 | 1 |
0.075 | 46568 | 1 |
0.077 | 10000 | 1 |
0.100 | 140000 | 1 |
0.160 | 250000 | 1 |
Last trade - 10.28am 11/09/2025 (20 minute delay) ? |
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CG1 (ASX) Chart |