GXY 0.00% $5.28 galaxy resources limited

Chart, page-7921

  1. 2,103 Posts.
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    I thought I'd do something different and add a chart to the Chart thread.

    Today's doji means indecision, which is understandable after 3 days of solid uptrend, but it's not possible to say where it will go from here (up or down). I think the low is in (18 April), because there was a higher low on 18 April, and the short-term MA (8) has crossed the mid-term MA (24), but the SP will need to breakout to the upside of the (slightly) descending channel before we can say a new trend has been established (i.e. above $3.48). The other few indicators here (MACD, RSI, ATR) all look pretty normal (i.e no divergence).

    GXY Chart.png
    Last edited by graywolf: 03/05/18
 
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