GLN 7.14% 13.0¢ galan lithium limited

DMI Chart/TA

  1. 850 Posts.
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    Here's my take on current TA action..

    1st point of resistance was breaking above 14c (Monday 21/5) which coincided with MACD bullish crossover and above average volume. 2nd point of resistance was 16.5c (Wednesday 23/5). This signaled my buy alert. Unfortunately afternoon selling from 18c saw close on resistance. Lack of selling yesterday reasonably positive sign, however close on resistance again. Looking for break above 16.5c.

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