Broken out of the descending wedge pattern, but they are not considered a very reliable or tradeable pattern anyhow.
Bit early to tell, but I'm hoping the tree shake is over, and 0.08 might be the new support level.
A large number of shares have just changed hands and maybe some of them are now in stronger hands?
Lots of news coming in the next few weeks - fingers crossed some of it will be pretty good.
The SP might even start creeping up a bit in anticipation of the news.
GLTAH
CXO Chart
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $299.1M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $999.4K | 7.094M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 562495 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 1865586 | 24 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
14.3¢ |
Change
-0.005 ( 0.70 %) |
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| Open | High | Low | Volume | ||
| 14.3¢ | 14.5¢ | 14.0¢ | 3627147 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| CXO (ASX) Chart |