GXY 0.00% $5.28 galaxy resources limited

40c, page-55

  1. 374 Posts.
    You know that panic is setting in when countless EV journalist articles start polluting the threads.

    Got out around 38c. Long is just not the strategy for me. Just kicking myself for holding on those couple of extra days from the high 40s. I've always been a swing trader... should never drop a strategy that works.

    No bottom in sight just yet, daily chart suggest this likely to keep pegging down until new news is thrown our way.

    I'm holding off for reentry pending what happens in the US - Apple has just missed it's target, down almost 10% in AH trading... if the past is any indicator it's likely to bring the whole market into correction, including ours. Doesn't bode well for an immediate recovery @ GXY, so i'm staying cash until charts suggest otherwise.
 
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