GXY 0.00% $5.28 galaxy resources limited

The breakout above the Kumo means GXY is now bullish on the...

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    The breakout above the Kumo means GXY is now bullish on the daily chart.

    The red spinning top type candle could indicate a change of trend to the down side.

    The Kumo will now act as support around the $2.75 area down to $2.62 which is the bottom of the Kumo.

    GXY 08 11 18.PNG

    The weekly chart now has a buy signal on the MACD with the Tenkan Sen & Kijun Sen flat which general indicates a consolidation period is underway with possible resistance around the $2.87 & support around the $2.47 on the weekly charts.

    GXY weekly 08 11 18.PNG
 
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