I’m not that big with charts and showing where I place stuff but my prediction on this will be at 5$ Our support after that we will reach a new high to 10$ but struggle to climb upwards dude to the lack of stock revenue and profit income
Yellow line is why I bought in
Green line is my test for support
GTGs US sister (GENE) received some decent attention overnight, GTG should follow thru at some stage.
US Covid test deal released 01/06/21
MC $72M
There are 9B SOI BUT largest holder has acquired 6.6B 73%
Long Opportunity $GENE WAIT PULLBACK
Must be Patient with your Entry!!
If wrong cut loss quickly and move on - (4-5% Loss its Better than 20-21% Loss)
scenario (A)
3.85 Long Entry
under 3.7 STOP LOSS
6.3 Target Price
scenario (B)
2.9 to 3.15 Long Entry
under 2.7 STOP LOSS
6.3 Target Price
Long Opportunity $GENE WAIT PULLBACK
Must be Patient with your Entry!!
If wrong cut loss quickly and move on - (4-5% Loss its Better than 20-21% Loss)
scenario (A)
3.85 Long Entry
under 3.7 STOP LOSS
6.3 Target Price
scenario (B)
2.9 to 3.15 Long Entry
under 2.7 STOP LOSS
6.3 Target Price
see easy and self explanatory boxes on chart for Entry, Exit and Stop loss zones. Never chase any stock.
Not for any recommendation, Just an Idea. Like it >> Click 👍/comment, and follow.
Genetic Technologies Limited (NASDAQ:GENE) The daily chart looks great for this stock and I think it's poised to hit $4.65 short term as the selling has abated and the recent rally on BNGO stock should bring new interest into the stock. I think this stock has room to go to the upside with $4.04 being the first point of interest.
$GTG.asx - Price Bounced off 50% fibs and look good to continue the trend reversal, indis and vol look good. Took a position, Let's see... GL
Please DYOR first... GL
GENE is one of those stocks that had support pickup for volume which lead to a really big breakout. The selloff was as bad, given many people getting excited can leave just as quick. I'm not sure I would consider it far enough evidence yet for market manipulation. That being said, even with lots of the resistance it has been receiving, I think it has potential for...
This is simple charting representing the trend of GENE. The trend seem to be upward the resistance is at 7$ and support is seem to be below from the current price levels, this charting is only my opinion and based on trend lines and support and resistance
