Chart, page-9550

First 9550 Last

Share
Profile

Follow
ljcamp

2,774 Posts.

2512

15/08/18

02:19

Post #: 34939602
Share

Originally posted by ljcamp ↑

Thought I would re post this chart.

Current SP $3.07

Downside $2.60 -15.31%
Upside $5.40 75.90%

View attachment 1210358 1. Will we see the POSCO deal announcement (aud$370m) next week? Potentially pushing us through the top of the wedge?
2. Will we go on a huge run to the top tram line and break straight through it for the first time (as 14% shorts scramble to cover)?
3. Will we see the usual sell down on good news (POSCO deal) and massive rebound like we did in July last year?
4. Will we see a potential take over?

IMO number 3 is most likely. However 4 very likely also. GXY currently trying to recruit 2 new lawyers to the team according to their job adds.

One thing is for sure, in the past 4 years the share price has only traded out side on the current long term range for 2 months, which subsequently resulted approx 160% price increase in the following 5 months.

I am all in on this stock and so confident that the rewards are only trading days away. Good luck to everyone that has resisted the temptation to fold.

Expand

Silent_bubbles it’s all a game.

I love the fact that your kind are sniffing around forums like these all of a sudden.

Shorter have thrown punch after punch. Ill informed report with no substance time and time again.

Now it’s Anthony’s turn. Don’t get caught.

Last edited by ljcamp: 15/08/18

GXY Price at posting: $2.66 Sentiment: Buy Disclosure: Held
11 Upvote

1 Great analysis

Reply

Top Stories

Trump is President Again: What Does This Mean for Crypto?

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

IMU

Imugene kicks off Australian trial for blood cancer treatment

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?