Pat there appears to be selling pressure at the moment but we cannot dismiss the off screen buying which has been strong the last weeks.
It is interesting to watch the games and the large support bid/bids but i assume it is the 3 million seller who is playing around with the depth.
There is a lack of support in the buy depth with a considerable amount of gaps and the rsi is coming off its high but the whole point is ggy will be a new company with a positive direction.
I originally bought ggy in the teens and my last purchase was around 4 cents but i have no intention of selling in the near future as i envisage ggy to be a mini fmg in Brazil in the future if all goes to plan.
I agree pat anything less than 8 cents is disappointing but who knows what the other traders will do and some will be sitting on profit considering the 50% rise in sp in the last weeks.
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