GXY 0.00% $5.28 galaxy resources limited

Chart, page-2750

  1. 7,844 Posts.
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    This area should be the strongest resistance point to date in this run up, now, ie between 2.81-2.85. imo

    Ahead is 3.03 ......3.30

    So far the share price has consolidated at every support/resistant point with sustained buying in the run up. Its completely controlled by T/A.

    It doesn't matter where it stops there will be a pullback and consolidation at some point, the Top heavy Buys always become Sells !.

    Theres always some buyers(mugs) caught at the top and there is always a top.!
    Thats how it has to work!
    With stocks that have big moves up, look out for blow off tops. They're  traps.

    One thing for sure is, this Company has a jump start (no batterys required. lol) on a lot of the startup Companies. It should/can go the distance.

    Md
 
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Currently unlisted public company.

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