Even with the rise of the SP over the last 5 days I am not yet convinced that there is any indication of a trend reversal in GXY !
The SP is still trading within a established downtrend within tight parameters...
Still one of the most shorted stocks !
BUT...
There will be a reversal of trend in Galaxy's fortunes !
The fundamentals almost demand that !
The question is when ?
This is also one of the most discussed stocks on HotCopper !
...and from reading the great analysis from definitely very savvy and intelligent posters in the GXY threads !
Definitely one of the stocks to watch !
Now where is the SP base in this current cycle ??
That is THE question...
Isn't it !
Chart, page-14568
-
-
- There are more pages in this discussion • 8,899 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)