Australian (ASX) Stock Market Forum

GCN - GoConnect Limited

Updated chart

Apex completely filled


Times UP

lets see some action
at least we see response

congestion = where traders were willing to buy and sell
Shape and position gives indication

volume not revealing much except absorption !

which I guess is much

needs catalyst
needs news

Motorway
 

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it already looks like the pattern of failures after all the excitement
has changed

expect some resistance if it does start to breakout

I hold

Motorway

same same

more confirmation
but closer maybe to a breakout

Ignore a column on a P&F chart at your risk !

Motorway
 

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Jeez, bit of a rocket up GCN the last couple of days.

from 8c ->18c last week
then dropped back to 10c and now at 20c!

Some people are riding those waves and smiling all the way to the bank!
 
Jeez, bit of a rocket up GCN the last couple of days.

from 8c ->18c last week
then dropped back to 10c and now at 20c!

Some people are riding those waves and smiling all the way to the bank!

I think you might be missing a decimal point. I'm seeing a quoted price of 1.9c/share for GCN.
 
A bit of movement today on the share price. Up 23% so far.

Announcement came out as a reminder of the Priority one shares entitlement.

Looks kinda promising hey.

I will keep watching, not convinced so far.
 
41% now. Bloody hell this stock gets some momentum when it gets going.

Constant huge daily movements from this stock. I daresay if you daytraded it smartly you could easily be up 500% by now.
 
More crazy volume on this stock yesterday and today.

Investors trying to get in before the share arrangement/offer they have going?

Closes on friday. Could be a good opportunity, but we will see. Not really sure how it works to be honest.
 
Shareprice has dropped out of sight over the last couple of days.

Have been keeping an eye on them while in full day training and bought some yesterday at a "good" price of .016.

The massive price drop can be blamed on the closing date of the Priority 1 share offer of which the shares need to be "settled" by 21st (friday)

Sadly I, didn't realise this was the case when i purchased yesterday, however, had i bought tuesday i would have been down 50 odd % right now due to the crash, so i guess it is a double edged sword.

Anyway, interested to see where this goes, Theoretically will jump up to 3c when priority one lists at that price.
 
Anyone here on this?

Looks like blue sky is approaching. The valuation and listing of P1 are only around the corner.

GCN having a 50% stake in P1 means that if the P1 listing is about 30c then I would imagine we could be headed there also!

Good Luck
 
Anyone here on this?

Looks like blue sky is approaching. The valuation and listing of P1 are only around the corner.

GCN having a 50% stake in P1 means that if the P1 listing is about 30c then I would imagine we could be headed there also!

Good Luck

Sure am :D

Got in at 1.6c, loving the surge in shareprice.

Although it has somewhat cancelled out my drops elsewhere haha. Just wish i bought more when they pulled back to 1.2, or even at .8 when i was first considering them!

All good though :D
 
In at 1.4 ... Thinking about buying more. Just waiting on a retrace.

But the question is.... Is there going to be a retrace!?
 
In at 1.4 ... Thinking about buying more. Just waiting on a retrace.

But the question is.... Is there going to be a retrace!?

While i realise HC is a bunch of uprampers/downrampers all in the one place.

I don't get the feeling there will be a retrace unless P1 is valued at less than 30c and doesn't list.

Otherwise its onwards and upwards.

The only disappointing thing is that I only bought 200 thou shares at 1.6c, while it's nice turning a current profit, it would be nice to put more in and reap the benefits.

We are looking at a 2000% increase if GCN gets to 30c to match P1.

enough to offset all my current losses and more :). Tempted to sell some of my downers at the moment and reinvest. Even if only for a day, that's all it would take (potentially) to make back a 20% loss....
 
Ignore a column on a P&F chart at your risk !
And down it went ! Bottomed out at .006 !


Huge volumes and many shareholdings cleared out
Volume dried up
But since ==> Volume and price have expanded massively

massive volume ...chomping through supply
yes could easily have/expect a significant pullback

But the price holding ground and the ever increasing volume

Suggests the population of interest is expanding

Means new dynamics

And the charts display significant change of behavior here.
I would like to see the price start to move up with more ease (less volume relative )

A very significant number of people holding this are in profit
That is there has been a huge change in the technical position

And all this while markets have been not very supportive.

All through the "accumulation"
Volume was way ahead of price
action was totally inharmonious

That is a Screaming look Here.
and time to be guided by Price and Time


Motorway
 

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Really surprised at the lack of discussion on ASF for GCN considering it's run over the last few trading days. I would look for an open of high 5's today and a close which will be determined by whether we get an announcement or not. Jumped in yesterday and ready for the ride :)
 
Really surprised at the lack of discussion on ASF for GCN considering it's run over the last few trading days. I would look for an open of high 5's today and a close which will be determined by whether we get an announcement or not. Jumped in yesterday and ready for the ride :)

Have to say I agree.

I have been trying to get people interested for months and get a bit of discussion going.

There may be alot of down/up ramping on HC, but at least they are onto little beauties like GCN.

I'm waiting for a retrace before buying more, may not even buy more. Diminishing returns at the moment since I got in early to begin with.

Worked out assuming they go to 30c that the following outcomes are possible:

Leave as is - 187500 shares -> $56250
Buy $3000 more @ .048 = 250 000 shares -> $75000

Lol, seems like a no brainer, but I'm happy just getting my 2000% return on my initial investment without putting more money in (also promised myself I wouldn't buy anything until I sold something else, i.e. don't keep dumping my savings into shares)
 
Haha they have the smacktalk going and all that at HC, helps that toono is a substantial holder now as well. I don't really see a retrace here, sellers are getting greedy watch how they're just moving their sells further and further back, there's a massive gap that needs to be filled provided the 5.7+ open goes through. We'll just wait and see but my view is that the buyers are just going to follow the sellers up and we could get a weird rally on (still) nothing at all LOL
 
I'm surprised by how much it's moved tbh!

I was very sceptical with all the talk on HC ramping GCN, and now it's got a rocket behind it :)

grats to all holders, pity I didn't get any!
 
I'm surprised by how much it's moved tbh!

I was very sceptical with all the talk on HC ramping GCN, and now it's got a rocket behind it :)

grats to all holders, pity I didn't get any!

Yeh same here. All hype, this is buying the rumour to the max LOL angry, toono and bassyabbie have the community hooked over there. Friend suggested it would be good to see a run to 6.5c and take out the large sell order sitting there.

Still no announcement. I wonder what's holding them up...
 
Please note that this is ASF not HC, and there is no reason to really talk about what other members are doing/saying on other forums.

This looks like a typical pump and dump to me, where posters are saying that they are signifcant holders etc etc and then somehow always miracuously get out near the high and are never seen from again.

Buyer beware i say :2twocents
 
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