To me, the chart says we are looking at a breakout this week to the upside.
I dont expect it will happen as things have been very slow lately, but the weekly MACD is very close to crossing.
The last time this happened was August 2011 when the price was around 3c. It then went on and hit 6.7c during that cycle.
If we get sudden high volume buying this week, that would be the ideal time to jump on imo. This goes for the options also. If the heads hit the 6c mark, expect the oppies to reach 2.5c imo.
GLTA
5'ish the ceiling for now + consolidation, page-2
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.356M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91289 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 105334 | 2 |
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| Last trade - 16.12pm 01/07/2024 (20 minute delay) ? |
| ZMM (ASX) Chart |
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