GXY
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0.00% $5.28 galaxy resources limited

Not sure how many of you follow Michael McCarthy from CMC...

  1. drg
    3,700 Posts.
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    20/03/19
    18:56
    Post #: 37829171
    Not sure how many of you follow Michael McCarthy from CMC Markets, he's on Sky Business a fair bit and is a pretty good chartist.

    He has GXY as a buy in the the latest edition of the bull.com.au

    The share price of this global lithium company has fallen from around $4.50 levels to close at $1.98 on March 13. The company’s been subjected to short selling given uncertainty surrounding the timing and methodology of developing its main Argentinian project. However, completing of the sale of a package of tenements to POSCO leaves it better placed to reach an investment decision about developing the mine, with or without a partner. We also see technical support between $1.80 and $2.

    http://www.thebull.com.au/premium/a/80740-18-share-tips---18-march-2019.html
    GXY Price at posting: $1.97 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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