GXY 0.00% $5.28 galaxy resources limited

Chart, page-3274

  1. M92
    392 Posts.
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    Weekly candle is looking very healthy and bullish on volume.

    I am personally not concerned if GXY spend some time here at resistance. If the weekly ends up closing around these price levels (even if a touch under or at resistance), then next week should see it breach $3 with relative ease - Reason: the strength of the weekly candle (so far).

    2018 pricing for Mt Cattlin should see GXY test previous highs from January if all goes well.

    Speaking to @Thesi the other day, Sal de Vida and James Bay news may actually come in Q1 2018 rather than by the end of the year - IF the deal is tied to Volkswagen in any shape or form as we have been speculating. Believe VW released a few announcements to the media stating they would be finalising their investment decisions RE: supply chain for batteries in the first half of next year.

    Shaping up quite well so far regardless. Good to see sentiment return to Lithium sector.

    M92
 
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