Sure did take its time but the measured target from the previous Bull Flag was achieved yesterday @0.315.
Yesterday was also a breakout from a 40-day Pennant (a little on the long side in terms of duration but the
volume was very supportive) and as a half-staff formation, it would carry a measured target of circa 0.415.
I have thus not taken profit, but rather advanced my stop loss to lock in gains.
The top of the channel projection (weekly chart) is around 0.38c and I will be watching that level for a possible
challenge to the advance. All IMHO
GLTA
INR chart thread, page-105
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Last
19.5¢ |
Change
-0.010(4.88%) |
Mkt cap ! $459.3M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.3¢ | $1.043M | 5.248M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 158758 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 1228859 | 17 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| INR (ASX) Chart |