5GN
5GN - Trade Plan5GN has decisively moved up against the downward trendline with strong momentum and High Volume. This indicates a change in trend. Price may continue to move higher but if it finds resistance along the way and retrace lower, it may provide a great opportunity to buy. It may be heading towards its resistance level of $1.250.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
5GN - In a good spaceAfter 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
Waiting and waitingI hate calling bottoms or tops but I am watching this one carefully. The $0.67c - $0.70c zone has been tested on 3 occasions so the next few moves will give us a clue
One to watchAfter retracing down to the 78.6% fib level, it has bounced back twice to date. A break of the trendline and a close above $0.89c bodes well.
5GN might be time to sell.After finding value here @ $1.20. I had a quick look at the charts and sold @1.62. we either go back to $1.20 or have a sharp drop but quick and continue this trend. I'll be watching closely here. Like all new technologies some companies make it some don't. But for now charts indicators showing sell ....but I could be wrong
