GBG 0.00% 2.9¢ gindalbie metals ltd

ascending triangle breakout, page-3

  1. 1,290 Posts.
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    Short term cycle: A break of the ascending triangle is a positive move for the short term! Price and volume excellent so far!





    Larger cycle: This break is providing momentum for GBG to tackle its larger cycle setup and the all important MAJOR breakout around the 80c mark! Momentum from the triangle should provide enough strength to tackle all retracement Fib. numbers north with the only resistance left at 80c!





    Lets hope the August BFS will provide the fundamental backing for a MAJOR breakout and send GBG well into blue sky!!!!


 
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