GCN 0.00% 0.7¢ goconnect limited

technically looking ok

  1. 652 Posts.
    A trade today at .021 would set up a solid buy indication
    interesting pattern formed with the sag down and recovery.

    First time in a while that price has tested down and been rejected ( opposite of the push highers that have not followed through since it was last above .03 )

    So we have a positive change. A close of .021 would reset .02 as support and will make the bullish pattern formed from the low even more obvious.

    -->End of financial year / ex entitlement ..Some "Bad News"

    All played out now imo .... Any good news flow now. and the pattern I see suggests higher prices are very possible.

    So a close at .021 , and .02 then becomes the important support point.

    Work out your possible Risk and Reward from --HERE NOW !

    technically imo looking much stronger than for some time.


    Motorway
 
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