Doing up and down in a smaller range? . Yes G88 lost 4 pips to finish on 4c, on a moderate volume of over 4m shares traded. . Yesterday we got some good news, it started in earnest, but then it fizzled out. Again volume was not very high, in similar are like today. . So last 4 weeks after coming down from 6, its played between 3.8 and 5.3, average would have been around mid 4s. So looks like it is not ready to move yet. Also no very big volume. Those wavering a bit selling and buying, looks like majority holding and waiting for next good news. . Personally I am just playing around with some of my trading stocks - I keep around one-third for trading. The volatility and swings are not very high to play much even there, but I keep buying and selling to have a small liquidity so that if it drops I have some coins to pick up.
So what will happen for the week? Not sure. Some exited today and pushed it down. Not sure who they were - some who bought yesterday and did not see a rise, so exited. Or some who want to push down to take it lower. Or it could be normal volatility - as I said volumes not very high to read much into it. The numbers I play and watch are 3.8/4.3/4.8/5.7. Looks like time for me to buy a few, possible, unless some can mop it up higher. Next news could still be a week or two away, so these games may continue. We wait. And hope that the potential can be seen by some new punters. That may again push us towards 4.8. Will that happen? Lets hope so. All the best.
G88 Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
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