GSL 0.00% 17.0¢ greatcell solar limited

dye chart - very bearish., page-15

  1. 5,732 Posts.
    I won't be taking sides in this and I'm still learning lots about charting. But looking historically the normal indicators don't seem very good predictors with DYE right now, possibly because it's just meandering along at the moment with very low volume. Every now and then someone decides to buy or sell larger quantities and that has a big effect - also this stock is usually manipulated a bit ahead of the buy / sell. But you have to watch what's happening during each day to pick it up.

    I've noted candlestick formations that were very good predictors a couple of times. Unfortunately I didn't act on them (could have made a bit in trades over the past few months if I had!)

    Right now my sense is it's just tracking between 70c and 90c but a bit hard to trade at the moment because of the low volumes. More for longer term investors IMO.
 
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