To my mind the longer term daily down-trend has been broken today based upon uncharacteristically daily high volumes. A close at or above the 80c range is confirmation I reckon of that bounce. To my way of reading things a similar weekly chart will definitely reaffirm a positive shift in sentiment.
With money in the bank and savvy management, I am happy to hold longer term through the expected volatility.
85c is my near term target and the proverbial $1 barrier would be next. Just my take, esp.
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $32.60M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $41.40K | 258.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 15002 | 1 |
View Market Depth
| Last trade - 15.59pm 18/07/2025 (20 minute delay) ? |
| GAL (ASX) Chart |