Some interesting patterns to note:
In the last 2 spikes of over 100% return over a few trading days, you can see a consolidation and minor downward trend follows by huge spike.
Looking at the current consolidations for the past few sessions, the spring is tightening and ready for a spike up.
This can be an easily 20% return over a 2-3 days period. Once we get across 41c resistance it will spike up to the 46c and 52c mark.
I have loaded up at 38-39c mark. The calculated risk vs reward is stacking up nicely for a low risk entry for anything below 40c.
GLTAH.
Chart, page-12219
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $408.3M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.8¢ | $1.107M | 5.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 110458 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 355185 | 24 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BRN (ASX) Chart |