GXY 0.00% $5.28 galaxy resources limited

Chart, page-9549

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    I should probably add there appears to be a descending/falling wedge pattern forming on the weekly charts.

    A falling wedge pattern is considered bullish & they take 3 to 6 months to form (which we have).

    They can usually be spotted when the price oscillator is trending up (opposite direction of the SP) which I believe we have on the charts.

    We just need a week or two of increased volume & it could be the breakout we have been waiting for.

    14 08 14 PPO.PNG
    Last edited by ProCapitalism: 14/08/18
 
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