Chart, page-12

My honest opinion without behind in my office with the chart …

We likely have just had a breakaway gap up … Most gaps get filled in time but not in early stages of price re-rates … I remember this happening in lots of Lith players early moves and thinking I will wait till they get filled . Still waiting and some have gone on 20+ x price … The impressive thing here is the volume every back test is light whilst up trusts on better volume . Yes the candles all have had wicks (but this can be used in there advantage to accumulate whilst removing some traders ) .. Generally if it’s a true breakaway gap I would expect another to come followed by a parabolic move … (Yes there will be swings and likely shakeouts ) but the overall picture is bullish …

Now if we look at the downtrend resistance which has been broken in this move (that’s a very good indicator that a new bullish uptrend is in progress)

Where to from here ? Well that’s for management to keep active in their handling of news flow to keep this positive momentum building …


I don’t give price targets but I’m pretty comfortable that in 6 months the price will not be down here if management do their job …

Dont get me wrong I will take some profits on the way but will maintain a position as long as the news flow is what we are expecting .

GLTA

TS