GGP 0.00% 0.6¢ golden gate petroleum ltd

charting the festive season..., page-38

  1. 2,472 Posts.
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    A lot of stock has changed hands at this price range, I guess it will depend on which comes first...
    Flows or allocation...

    I honestly believe if we have a successful break of 2.2c which means A close at 2.3 or higher followed by a second day closing higher again the share price will form a new base at that level, even the allocation of shares prob won't break that support...
    But I'm mixing FA with TA a little too much here and can't therefore be sure of anything...

    Put it this way, if I was trading Short term FA I would have an order in at 1.7c-1.8c.

    Trading short term TA i will be buying more on a confirmed break of 2.2c.

    Hope that doesn't sound stupid...lol



 
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