GXY 0.00% $5.28 galaxy resources limited

Galaxy #1, page-19

  1. 4,336 Posts.
    lightbulb Created with Sketch. 487
    Did your funds sold out back in mid June 2017 when sp hit $1.50 so that you can preserve your capital?
    The selling momentum has been slowing down substantially.
    I don't think it is a good strategy to offload your losing positions at support level.
    low likelihood for sp to drop to $1.40 vs very high chance it will run back to $1.8. 10c drop for 30c gain, and if it does drop to $1.40 it will bounce back hard so you will likely to break even if you bought at $1.50.

    https://hotcopper.com.au/data/attachments/1524/1524681-00f7b43340a3fac51bd618c11a552236.jpg

 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.