I have had a look over my analysis again now about a month has passed and the price has been doing well, things came a little close for comfort to a $1.46 stop price I had but held up great. (I wouldn't have been comfortable exiting at that price after all these years anyway!!)
I would like the week to continue up and close out higher again tomorrow (Friday 18/10/24), although I will be happy with a close above $1.83 and establish a new higher high in my trend and continue this momentum. Prices have tested those high ranges $1.90 - $2.00 a few times over the past year now, we are really over due for a breakout over $2 and establishing a new all time high. Hoping for a well received quarterly announcement and not just a run up - buy the rumour sell the news scenario, long term holders well and truly deserve to be rewarded with some solid and stable share price appreciation. Also looking at more basic CommSec charts on my phone $1.50-1.60 seems to be good base price at the moment.
GOR Price at posting:
$1.90 Sentiment: Buy Disclosure: Held
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