Potential Buy Alert 5GN

5GN – 5G Networks Limited

5GN is playing out nicely as price recently spiked up into resistance showing strong buying interest. We are now watching the action for a pullback to build a higher low to drag in some further string buying pressure for a move up through to new highs.

Stock Code : 5GN – 5G Networks Limited

Company Website : www.5gnetworks.com.au

Current Price : 0.72

Status : On watch for buy entry setup

Previous Alert 27/2/18

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