What a great day for GLN holders, finally, after watching other Lithium stocks ripping!
I would like to provide my two cents below (for the sake of traders, I hate it):
I drew these lines and graphs before today's sp movement.
It seems GLN is running a full Elliot wave so far.
We have started wave 5 from 7th Oct 2021.
To get a general wave 5 target, I drew a line from (2) to (4).
Extend the parallel line to (3).
Draw a line from (4) with its slope roughly the same as the daily candles. (today's candle follow the slope quite nicely)
1.55-1.6 by mid-November.
By nature, it should then do an "ABC retracement" after wave 5 completes.
By that time, maybe due to lack of news, global market retrace, etc.
However, I do believe TA has its limit especially 100 different chartists can draw 100 different charts.
In a long run, the EV trend is unstoppable. Lithium is the only solution at least for the next few years I believe.
Normally the long term instros won't satisfy with their returns without multiple bags.
You can take the risk of selling now losing the future, I won't.
just my own opinion, DYOR, GLTAHs
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.46M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 14.0¢ | $180.8K | 1.249M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 259643 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 278413 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 259643 | 0.140 |
12 | 515066 | 0.135 |
16 | 612080 | 0.130 |
12 | 578003 | 0.125 |
13 | 1437132 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 9154 | 2 |
0.150 | 851570 | 5 |
0.155 | 190000 | 5 |
0.160 | 795000 | 8 |
0.165 | 160000 | 2 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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