GXY
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0.00% $5.28 galaxy resources limited

Too many looking for a bottom here. Whether it's capper or...

  1. stocktoe
    1,798 Posts.
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    09/06/11
    11:17
    Post #: 8518635
    Too many looking for a bottom here. Whether it's capper or trader selling at 87.5 you can see the 9 day EMA (blue line) is holding the price at bay, so a sell there makes sense. However, if it breaks we should see a good run. This chart has price envelopes which suggest we maybe seeing a bottom of sorts... imo

    GXY Price at posting: 29.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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