gillman_hugh

GNX 20% profit target in short term..

Long
ASX:GNX   GENEX POWER LIMITED
GENEX POWER LIMITED

BUY ZONE .27-.29 CENT
SELL ZONE .34-36 CENT
20% profit target.

RELOAD @ .30 CENT looking for equilibrium pattern with lower highs and higher lows before another break in a couple of months.

Bullish Indicators
RSI historically bounces from this level
CCI has turned bullish on the daily and looks like its turning on the Weekly
Bear Volume dropping off.

Fundamentals look really good for this project with a lot of future positive news on the radar.. One to watch in my opinion.

https://www.youtube.com/watch?v=rn5f3NGW...
DYOR
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