Preferably but this does make a higher high - just .
I have longer term resistance at 50.5
For those who like to see a charts: the daily has crossed the EMA 30.
Daily - from top to bottom, is below the cap raise at 54.
The cross of the 8 ema trying to establish itself: the first flag out of play for now but the longer term trendline shows 50.7, still resistance and needs breaching.
Last swing high 57 cents , next resistance
This chart the weekly, monthly and yearly. So from bottom to top
The yearly is higher; March,April and May have been up on balance over last ten years,
The monthly is bouncing off just above 50% ATH to ATL
Weekly trying to crack the down trend line and the weekly 8ema trying to cross on the weekly also
GXY Price at posting:
49.0¢ Sentiment: Hold Disclosure: Held