GGE 0.00% 0.4¢ grand gulf energy limited

Chart, page-67

  1. 2,033 Posts.
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    Hey all,

    I'm a new entry into this stock, after some eyes on it post Jan, and got in and am averaging down post CR ann. (1st purchase @ 0.043, 2nd @ 0.041, 3rd @ 0.038, 4th @ 0.034).

    Couldn't see an updated chart thread, to try and see through the fog of the sell down. Obviously Macro movements are there, and they shouldn't be ignored, I will not concentrate on those.

    Daily below. Its quite typical to see a 61.8% retracement after significant FA changes (Sept 1 21 Utah Helium Acq.). I have taken this as the start date, and the peak in April 22. Also note, the "mustard" colour is an anchored VWAP from 2/9/21. Currently seeing some descending volume, and oversold conditions. And the 61.8% retracement at 0.034 is my target for support. There is the SMA 200 which would act as ultimate support.

    https://hotcopper.com.au/data/attachments/4314/4314148-0ae9a5a61a3293e01b4e71d5c7ae4149.jpg

 
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Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $8.576M
Open High Low Value Volume
0.3¢ 0.4¢ 0.3¢ $545 159.9K

Buyers (Bids)

No. Vol. Price($)
14 10636169 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 3561124 6
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Last trade - 15.34pm 04/11/2024 (20 minute delay) ?
GGE (ASX) Chart
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