GCN 0.00% 0.7¢ goconnect limited

Whats a good thing ?First thing to ask yourself what is...

  1. 652 Posts.
    Whats a good thing ?

    First thing to ask yourself what is happening ?

    Its going DOWN..

    Ok no bits and butts .. DOWN

    What is the context ?

    it is going down after having gone down.
    So all that Volume . All those buyers who bought all the way down from .07 Have they been smarties ? or Dummies ?

    What does the PRICE ACTION right now suggest ?

    Maybe they were people who could not get on because it just kept getting away from them all the way up to .07.

    But when it fell ? Well now they could buy at .06 or .05 .04 or .038 AND it WAS JUST .07 ! etc ...

    The buyers who buy all the way down tend to be BARGAIN HUNTING LAGGARDS..

    A smart Buyer is one who Buys and the share price Goes UP.
    Because when He Bought . The shares Were "really" cheap.

    They were cheap because the share price was NOT GOING DOWN.

    So it is not good atm
    for me atm It is a HOLD.

    We will know things are good and that the shares are cheap.
    When it stops going down and esp closes strong.

    The opposite of what is happening.

    As I said good things Do not keep going down.
    Someone will start to really BUY.

    That is why a close above .036 I think is important.
    You want to get in EARLY not LATE.
    Problem these are connected by a circle
    So get confused.

    Motorway
 
watchlist Created with Sketch. Add GCN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.