Zip going into breakout mode!
Recent shakeout looks to have served a purpose for smart money getting ready for this move.
Today looks to be a breakaway gap (these gaps are least likely to close and should signal a change in polarity) as the sp gapped through resistance and has just back tested old resistance / new support (this is good).
A move holding above $7.24 (100MA) should put the 200MA as next target and point of resistance - currently at $7.68 but is moving higher with each day.
Will want $7.11 to hold for back test confirmed as new support.
As far as Ann's go I think you can't get much better than this so I'll expect resistance in the $7's to be temporary...
DYOR
GLTAH
Chart - Z1P, page-13171
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Last
$1.81 |
Change
0.055(3.13%) |
Mkt cap ! $2.240B | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.82 | $1.74 | $12.03M | 6.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 54892 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 67893 | 15 |
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| Last trade - 13.02pm 13/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |