Looking at the daily chart there is a pattern being formed. Starting on 20 March with the intraday low there is an upward channel forming with the low being tested 4 times (including today) and the high tested 3 times with the last when it hit $0.51. The channel is $0.10-0.15 wide. The current price around $0.37/38 is testing the low of this channel and if it rebounds off we should see the sp rising again and testing resistence in the low 50's. If you go by this, now is a buy signal. The RSI also confirms the low/high areas.
I have topped up my holding a little more today based on this.
I apologies but i can get my chart to load up to show you my trend lines but if you have a look its pretty easy to see.
GMG Price at posting:
34.5¢ Sentiment: ST Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)