CQT 0.00% 51.5¢ conquest mining limited

Hi RussellYeh, I picked GBG for a comp last week but did not get...

  1. 342 Posts.
    Hi Russell

    Yeh, I picked GBG for a comp last week but did not get on. By the time I got funds together mid week, the SP had gone too far. I am waiting for a pull back.

    I think it will come back to 67c. Looking at the daily chart, I have added the first 4 candles of last week from breakout 62c to high 74c. Usually these will come back to halfway, say 67c then takeoff again. Last red candle depicts the start of this. 66-67c that will be my entry point. As you know, breakouts can be retested but I dont think it will go all the way back to 62c unless something out of the ordinary happens with the market. You still in GBG? What's your interpretation of the chart?

    Cheers Adzan
 
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