Hi GPT-ER's,
We picked up two nice size packets of GPT yesterday around the 0.45c mark in anticipation of a bounce off the lower trend channel and a cross of the stochastic and she certainly did bounce.
The stochastic has kinked up in the 20 region (oversold) and about to cross at the bottom and the MACD is also looking the goods. She has also moved back above the 41 day moving average (blue) and today also touched the 21 day (orange) moving average.
Going by the last lot of speed angles we should be looking at a target of about = 0.645c
Anyway here is the method of my madness.....:)
** great bounce off the lower trend channel **
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$4.78 |
Change
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Mkt cap ! $9.108B | |||
| Open | High | Low | Value | Volume |
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| 38 | 34800 | $4.78 |
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| Last trade - 12.49pm 22/08/2024 (20 minute delay) ? |
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