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
GCN Price at posting:
2.0¢ Sentiment: ST Buy Disclosure: Held