A small telecom company is showing some big promise for a strong leg up

Potential Buy Alert 5GN

 

5GN – 5G Networks Limited

5GN is showing some early signs of holding support and in a prime position to kick higher. The small telecom services company recently had a positive news release that spiked price higher to the 0.90 level. Since then, we have seen a lot of buyers squeezed back out of the markets and price resetting at higher levels. We are now watching for a higher low to work an buy entry setup for another spike up to new highs.

 

Stock Code : 5GN – 5G Networks Limited

Company Website : www.5gnetworks.com.au

Current Price : 0.59

Status : On watch for buy entry setup