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Wiz_of_Oz
6 May 2020 04:10

5GN - In a good space Alış

5G NETWORKS LIMITED.ASX

Açıklama

After dipping down to the 88.6% fib retracement level, it has recovered back to the 0.90c levels. It faces a historical resistance zone near the $1.055 level but once it breaks & closes above that the potential is good. Based on the slow stochastic it is in oversold territory. Wait & Watch

Yorum

Not just a bull flag under the long term trendline but also an inverted H&S pattern forming. Fundamentally sound stock with potential of an upside. RSI under control bodes well for a break. Idea is also on twitter. Patience is rewarded with a lesser risk of being wrong, so avoid #FOMO

Yorum

Resuming the move up. Potentially new ATHs coming
Yorumlar
M_M_M_M
Good one! it rallied these 2 days and break above $1.08 Thought?
Wiz_of_Oz
@M_M_M_M, All I will say is that it looks pretty bullish. Sorry but I do not make buy or sell recommendations with entry points etc.
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