GBG 0.00% 2.9¢ gindalbie metals ltd

Just caught up on the comments here on GBG. This has been in a...

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    Just caught up on the comments here on GBG. This has been in a downtrend since 22nd Jan with no hint of a turnaround yet. It is close, from the charts, however, I see next line of resistence @ around $1.10 and if fails to hold, it is heading towards long term trend line of sub $1. I wouldnt have been buying since commencement of downtrend and would stay away until uptrend confirmed with a swing bottom and consecutive lower lows, with higher daily highs. "Falling Knives" are dangerous, can speak from first hand experience there and will not do it again. Sorry to be negative, just MHO. I hope it turns soon for the holders soon. Good luck all.
 
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