I thinks this is at a start ... A lull between action..
between news,,,, As to the action of the stock on the mkt ? looks fine also..
From .08 to .19 there was good strength... Good buying...
it then poked it's head up to .20 ... WOW ! And then a bit of selling and pause in the buying... and it has retreated to.............
either side of .17....... Now waves come in and out but the tide is always surging one way or the other..
Buying activity tends to cluster it waxes and wanes.... GCN previously poked it's head up to .13 and then a pause..
shares are changing hands from those who don't want them to those that do and at some point then price moves...
I have No idea want you should do... I do not even Know your time frame !
Anything can happen .... But some things are more likely than others..
When this much Volume has occured... When shares change hands from those who dont want them to those who do At higher and higher prices .... And then At a significant price level the price backs-up and.....
(Seems to be buying on screen now ? buying last night in Germany.)
.......The offerings are absorbed and then what ?
Price will jump again only this time with more participation...
but that is only probability .... I don't "Know"
If it holds above .16 and buying increases that would be a very strong outcome
And next time over .20 it might well keep going
But This is just a view not a "knowing"
motorway
GCN Price at posting:
0.0¢ Sentiment: None Disclosure: Held