CG1 carbonxt group limited

while all were talking bull flags , bull breakouts and moving...

  1. 1,386 Posts.
    lightbulb Created with Sketch. 46
    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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(20min delay)
Last
6.8¢
Change
0.000(0.00%)
Mkt cap ! $28.46M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 15151 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 100000 1
View Market Depth
Last trade - 16.21pm 11/08/2025 (20 minute delay) ?
CG1 (ASX) Chart
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