Does everyone remember the SP hitting 21c then retracing to 13.5c at the end of January 2016?
There was a lot of grief and panic then and look where we are now....
Wish I had bought more at 13.5c instead of sitting there like a stunned possum lamenting my lost profits.
That retrace process took around 3 weeks to complete.
This time it is happening quite rapidly by comparison maybe due to higher volumes and SP being higher with more profits involved.
For the same retrace pattern to re-occur the SP may go to approx 33c then it could be off to the races again.
GLTAH
![]()
- Forums
- ASX - By Stock
- GXY
- 40c
40c, page-154
-
-
- There are more pages in this discussion • 69 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)