GXY 0.00% $5.28 galaxy resources limited

Chart, page-9309

  1. 1,446 Posts.
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    Well, I'm LT so if it drops in for more buying. If I get another $10K worth I'll drop one of my higher cost parcels on the way up to average down if the momentum up slows.

    I know nothing in life is guaranteed which is why I diversified a bit and dare I say... if I just went all in GXY I'd be 2x better off than now.

    Picking a winner on the ASX is getting harder and it seems just plain luck is a big factor.

    Charts are all good etc... but if everyone has the same charts and same ideas then when people decide to sell it becomes a mass exodus and a mess.

    Anyway the rising cost of oil and prospects of battery technology breakthroughs etc gives me a lot of confidence in this industry. I hope we look back at now in 20+ years and look on the Tesla model 3 like we looked at the IBM 80286 when it first came out.
 
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