THE WEEK THAT WAS
Dow looking HOT again, nice push off from 34277 support with above average volume
No worries from this index for the forseeable future...........bullish.
Positive moves from the GLOBAL X.
Pushed off 86 support with above average volume, not sure if ABC is done yet, but its close , a follow up green candle would tell me everything i need to know.
Blue arrow pointing to a long lower shadow candle, bullish in the fact that 134 was rejected big time, then had a crack at breaking 160, finally the main concentration of demand settled just shy of the 23 fib resistance............a wild ride that started poorly early in the week, then a nice recovery.
If you observe the green bodies of the last 2 candles, we have a higher low / high scenario...
Next week should be postive for GLN with macro catalysts solid, however, i cant speak for what the bot / insto has in mind.
A clear break of the 23 / 38 fib resistance , and GLN is flying.
Everything i say is IMO
Good luck all
THE WEEK THAT WASDow looking HOT again, nice push off from 34277...
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $68.45M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $222.4K | 1.596M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 473452 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 186541 | 5 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| GLN (ASX) Chart |