GXY 0.00% $5.28 galaxy resources limited

A chart for the chart thread. Resistance around the low $3.50s...

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    A chart for the chart thread.

    Resistance around the low $3.50s

    Smashed it before on the way up. A higher low appears in at this stage which I like to see. Just not enough momentum yet for a convincing breakout, hence the sell sentiment (for traders). Side note, this is not a sell all sentiment, just the amount on the table for trading. For me it is not worth trading all shares all the time because of the locked in capital gain, which I only get back if the SP peaks at a certain amount at the exact right time next year (which it might not) so I only work with packets of set value, rather than quantity of shares which results in accumulation if all goes well.

    As it stands I've sold all the shares I am willing to sell so my next move will be a buy order. Anything below $3.60 I figured is still good for me so I can wait and see where the SP goes from here.

    GLTA

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