Basically, around 75c to 80c is going to be a very tough range for the SP to move through. It is at the underside of the first big gap in the daily chart from the sell off in 2018 etc.
Bouncing off the underside of a gap is mildly bearish, bouncing off the top mildly bullish, but sooner or later most gaps are "filled" so who knows. This could be the final consolidation before a gap fill.
GSW Price at posting:
69.0¢ Sentiment: None Disclosure: Held
