GEM lost over 90% of its value since between 2014 and the March 2020 low. Since March (which was probably the low of the price cycle) price has risen to break above a downtrend line and today confirm a new uptrend after testing resistance at around $1.19 three times. Hopefully it will break higher and is so there is a target of $1.61. A bit of a dark horse (keeping with the Cup theme today) but it has enough promise for me to buy a small parcel today.
GEM buy?, page-383
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Last
$1.34 |
Change
0.025(1.90%) |
Mkt cap ! $1.084B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.37 | $1.32 | $3.088M | 2.293M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14638 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 16500 | 2 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| GEM (ASX) Chart |