GLN 4.35% 11.0¢ galan lithium limited

Charting, page-1861

  1. 5,702 Posts.
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    Hi All

    https://hotcopper.com.au/data/attachments/4203/4203921-5ed82e942f46bfc7c4bbac4972861aae.jpg


    GLN has had an amazing run from 128, but me thinks that bearish engulfing red candle ( yellow arrow ) is the start of sub wave 4 down which will either hit the 50 fib support ( 153 ) or align itself with the height of sub wave 1 up as per EW rule book.

    I took some profit off the table yesterday at 1.77, will look to put that profit back in when sub wave 4 down finds a base..wink.png


    imo

 
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