Overreaction to the upside for sure.
Hence the pull back today.
profit taking galore and why not.
I would say the overreation was yesterday when NST pushed to 1.20 and here it is off over 9% (on todays low).
Im not totally convinced on this breakout especially on todays trading.
Also, that gap way back at 0.69 worries me as Id like to see it filled sooner rather than later (shows up on the weekly chart as well as daily).
Then we can all go to the stratosphere of dizzy heights some are spruiking. (siamese's $2.00, wow what a ramp that was !)
Interesting trading right now that's for sure.
Hope people have been taking profits along the way.
GLTA
overreaction, page-2
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 (20min delay)
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Last
$14.10 |
Change
0.260(1.88%) |
Mkt cap ! $16.16B | |||
| Open | High | Low | Value | Volume |
| $14.09 | $14.19 | $14.01 | $26.53M | 1.880M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 13413 | $14.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.10 | 1863 | 11 |
View Market Depth
| Last trade - 14.47pm 29/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |