GXY 0.00% $5.28 galaxy resources limited

Chart, page-984

  1. 43,936 Posts.
    lightbulb Created with Sketch. 1032
    I make $1.50 the strong support that the current price action just missed on the way down past 2.00. 1.75 is the current support if indeed a higher low but with the current 25% dead cat bounce almost given away the trend is suggesting it is still very bearish. So I am more incline to suspect price will whip below 1.50 to take out stops before it makes a recovery. Current low of 1.52 looks suspicious as a setup with stops buildup to stop raid in one hit!
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.