GXY
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Hidden agendas all along, page-24

  1. yanlin
    6,196 Posts.
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    10/08/16
    11:00
    Post #: 18484027
    Do you think we are witnessing a "short trap" at present??
    We are seeing a slow decline on diminishing volumes and a bit of weight on the sell side (a bit back from the action) that suggests the selling has no conviction but is designed to draw out more selling.
    The catalyst for a bounce will be news related and we will see some scampering to cover positions. We just need to wait for that catalyst to be revealed!!!
    GXY Price at posting: 46.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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