GCN 0.00% 0.7¢ goconnect limited

the wall, page-223

  1. 5,079 Posts.
    gaps do worry me,

    but there are people who like me, Bassy etc who got in lower and are sitting on good profits,
    many others probably sitting on slight losses.

    so with a few trading days till Jan and expected news, fairly significant news, I would wonder how m,any would be prepared to sell given how they have seen trading upon significant news.

    RSI is around 46 now, if it were to get to 2 cents the RSI would be very low I imagine, if it got to that point I would sell everything I owned to get stock,

    however I have put myself in a position to take advantage if it did drop, sometimes you can make just as much money if the stock drops.


    I don't know if anyone has the guts to sell seeing there is expected news,
    if they do i will be waiting.

    but I agree 3.6-3.7 is a psychological point. as it is the low last time.

    if there was no news expected I would be well out now, 100% out,
    but it could turn up any time, in Jan that is.
 
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