plotted some supports and resistance 4 u.
And one nicely fitting Fibonnaci.
Fairly clear to me that the price are gonna test the 27cts resistance again. If failing again, logical shorters target will be the SMA 50 curve I expect. If the prices go through that quite strong resistance, the trend is validated and the next logical target for bulls is 30 cents. (Breaking up the 0.27 resistance could be a de-risked entry point, similar to 1st of July when a few green candlesticks had built the upward trend that continued for 6 trading days.)
By then, the MACD minus signal should have turned positive and the candlesticks could have caught up with the upper Bollinger =)
Then 0.27 becomes a support in case of some bouncing South, otherwise the door is open to 0.32 and 0.35 targets.
The RSI still show predominant selling side, but is getting quite close to the equilibrium.
Tell me what you see.
- Forums
- ASX - By Stock
- GAL
- GAL - Chart Thread
GAL - Chart Thread, page-508
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GAL (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $32.60M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 16.5¢ | $3.921K | 23.33K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 54266 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 74999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 54266 | 0.165 |
1 | 45503 | 0.160 |
3 | 14967 | 0.155 |
8 | 432841 | 0.150 |
1 | 4000 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 74999 | 1 |
0.175 | 148994 | 4 |
0.180 | 94000 | 2 |
0.185 | 97716 | 4 |
0.190 | 92631 | 2 |
Last trade - 15.41pm 19/08/2024 (20 minute delay) ? |
Featured News
GAL (ASX) Chart |