GXY 0.00% $5.28 galaxy resources limited

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  1. 2,103 Posts.
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    I'm not willing, given that the money-flow index is, as laughing andy points out, not even in overbought territory ATM, and MACD has just crossed over into positive territory again after the last retracement. Plus it's blue sky now in terms of resistance until we get to about $3.35. Finally, I don't think it is possible to pick a retracement low point until it turns over again (i.e. until the high is known). All up, I think your comment is a bit premature.
    GW

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