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0.00% 0.7¢ goconnect limited

"more conservative approach is the buy into GCN" Alecfa .You...

  1. motorway
    652 Posts.
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    22/06/12
    12:36
    Post #: 10339366
    "more conservative approach is the buy into GCN" Alecfa .


    You would think people associated with p1 or their circle would be buying GCN.

    But hardly anyone is

    Every move up , sells off painting a bearish pattern.

    It needs to be reversed. But has not yet.

    .025 is looking an important point.

    Support is hard to hold when there is no news with a stock like GCN ( speculative )

    volume just dries up and price sags as it is doing.

    So yes Support and resistance are less tangible
    and price will fluctuate through obvious levels only to reverse quickly.

    Time to watch the volume.

    News flow is the life blood.


    Motorway


    GCN Price at posting: 2.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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