GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-6636

  1. 10,090 Posts.
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    I agree there in terms of the LIT ETF continually going down, however if you actually look at the chart, the long term resistance is $1.45. Anyone selling below that will be selling at a loss, so highly unlikely for it to go any lower. may move sidewards but not lower. However one bit of good news and this will fly, because it is currently 'oversold' for what is has. Its current valuation compared to peers is above average. DYOR
 
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