Wiz_of_Oz

Wait and Watch

Long
Wiz_of_Oz Updated   
ASX:CGR   CGN RESOURCES LIMITED
This is a weekly chart with bullish RSI divergence. A break above the $0.2 - 0.54c zone will trigger a potentially continuation of the original bullish trend. The approx 50% fib retracement is a sound correction though I would have preferred a deeper one. A retracement from the trendline will temporarily nullify this idea
Comment:
Apologies for the typo..Please read it as A break above the $0.52 - 0.54c zone will trigger"
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