GXY 0.00% $5.28 galaxy resources limited

Here's a chart... In logarithmic scale too, just for a bit of...

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    Here's a chart... In logarithmic scale too, just for a bit of fun.

    GXY.13-11-21.PNG

    It tells me a few things;
    • The SP never seems to like being outside the bolly bands for too long, and each time it does more than hug the line, it retreats. Back well inside it now.
    • RSI bled off back to a number (67) that will not scare trend followers
    • The Fib looked to have bounced on the 38 retrace from it's most recent run), suggesting a near term peak of around $3.71. (And of course, there is the 2.618 fib sitting @ $4.81 for the more excitable and intrepid punters here)
    Tesla is back on the prowl overnight, up 5% after a short TA exhale, and we do seem to like chasing that bit of skirt around.

    Great viewing!
    GLAI
    Last edited by excitable2: 13/01/21
 
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