G88 0.00% 1.1¢ golden mile resources ltd

daily chart, page-3

  1. 1,639 Posts.
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    A lot has happened since I posted the last chart.
    The trading chart showed the stock broke trend not long after I posted.
    Here is the set up before todays' big move.
    Been consolidating and set up for the break out. Too early to enter because if it did not break out, could break down with a double top sitting over it.
    Also had a target, created by the column with the blue box. Blasted through target today.
    https://hotcopper.com.au/data/attachments/3046/3046167-5655052f44ceb4197cd4fa7adfd5e5e7.jpg

    Short term chart shows a nice turn around with a new uptrend starting from a double bottom.
    There was a double top and it was a sign of strength that this did not push the price back to trend (normally expected).
    Generated an ideal entry point at 5c (highlighted), just above the trend.

    https://hotcopper.com.au/data/attachments/3046/3046175-f8e5306d48db90f5656882692e057d69.jpg

 
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Last trade - 14.08pm 06/05/2024 (20 minute delay) ?
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Last updated 11.41am 06/05/2024 ?
G88 (ASX) Chart
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