The WEEKLY chart for GLN clearly shows a down trend with the red arrow pointing to a long red candle which has engulfed the previous week doji and hammer candle, suggesting this could go lower next week...........the green support zone is where i see this correction finishing ...the bullish flag pattern option is dead.
Red arrow pointing to a shooting star after briefly breaking ATH at 37000...........short term bear run on the cards for the DOW ?
ABC corrrection still not done yet with the Global X, big tree shake going on...........will that doji ( blue arrow ) be the pivot for a swing up ?
MACRO not going to be GLNs friend nerxt week, so lets see what transpires.
imo
The WEEKLY chart for GLN clearly shows a down trend with the red...
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $77.48M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.5¢ | 13.0¢ | $752.8K | 5.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 874807 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 36900 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| GLN (ASX) Chart |