I think Beisha may be right on the bottom could be in.
Certainly lines up with the .618 fib for this Supercycle ABC correction which sits at 96c
I'm thinking we would have gone lower with the C wave if it were not for the HMW resource upgrade which created a gap up and skewed the correction IMO. Would have likely gone to round the .764 fib.
I don't need to tell LTH here that company valuations have been thrown out of the window based on resource and the stage they are at.
I have GLN down as one of potential big performers of 2023 after what can only be described as a disappointing 2022 overall since April.
Note: There is a tiny gap up created on Friday $1.02 - $1.025
GLTAH for 2023.
Cheers
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $116.6M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $666.3K | 4.231M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 644360 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 104536 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |