andrewwang1989

5GN crashing, support will be around 0.7

andrewwang1989 Updated   
ASX:5GN   5G NETWORKS LIMITED.
5GN announced quarterly report last Friday. Sustained performance with quarterly cash receipts of $15.4m; full year cash receipts greater than expected at $53.6m, a total of $30.8m in receipts for the second half compared to the first half of $22.65m.

The growth may not great enough, then the share price crashed today. The support is around 0.7.
Comment:
No support round 1.0

The crash is too strong...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.