Volatility has dropped right off in CGP so has the volume over the last 6 days. Typically this is a bullish sign.
CGP has averaged 0.04c range for the last 6 days, the previous 13 days were averaging .08c range a day starting from the 16/10. Looks like there is some good support developing around here.
What we need over the next few days is a strong bullish daily candle and a clear break above 7.3c with good volume.
DYOR
Tomorrow will be a very significant day imo, shareholders that attend the agm will get to finally try the turbine.
CGP Price at posting:
6.8¢ Sentiment: LT Buy Disclosure: Held