GXY
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0.00% $5.28 galaxy resources limited

Calling 250!, page-49

  1. Moskva
    39 Posts.
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    12/09/17
    11:35
    Post #: 27152700
    I always trade on the combination of RSI, SMA and MACD's.

    In the case of GXY, the RSI is touching the overbought signal, however, if the SP stays ahead of the SMA a repeat of the SP increase that started in Nov 2016 and peaked in Jan 2017 is on the cards again.

    Therefore $3.00 is a reasonable short term target.

    DYOR.
    Cheers Galaxians
    GXY Price at posting: $2.52 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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