Spinning Top + Green Candle on weeklies (first in 5 weeks) following the gap down Monday morning.. Open week at $3.00 Close at $3.04
Sellers losing conviction and bottom forming.. Look for confirmation early next week - big push higher from $3.00 early Monday will be v bullish
IMO I think US equity moves become less important for GXY as the big shock has hopefully been and gone - now we will just have noise in global equities as the market finds its new equilibrium and become accustomed to new higher-vol regime
Global economy strong, battery/EV Revolution not going away and we have early mover advantage, no debt and plenty of unrealised potential.
Anything with a $2 on the front of it I'll be buying most certainly..