CGP 6.78% 6.3¢ consegna group limited

cgp could be entering a period of side ways price action for a...

  1. 6,509 Posts.
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    cgp could be entering a period of side ways price action for a little while similar to August - October this year. There will be periods of excitement followed by quiet times like now. 50% fib retracement level is 6c so there is a possibility it could also come close to that level.

    What I have noticed over the last few weeks the up days have had strong buying conviction behind it and the down days have had light volume. So it rises on strong volume and falls an declining volume. Technically that isn't a bad thing.

    dyor
 
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Currently unlisted public company.

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