GXY
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0.00% $5.28 galaxy resources limited

Galaxy... GXY... Chart..., page-2179

  1. Upstart777
    3,795 Posts.
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    03/02/17
    12:31
    Post #: 22348727
    Despite it's casino-like appearance, it's basically supply and demand and the golden rule of something is only worth what someone is prepared to pay for it.

    Quantifiable with both the analysis of trend and the fundamentals of business profitability.

    As far as which is the best strategy...

    Selling at 55c in June and buying back at 30c and riding it back up to 65c appears to be a tad more profitable than holding on and hoping on the ASX roller coaster....
    Last edited by Upstart777: 03/02/17
    GXY Price at posting: 60.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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