I would suggest to you after this morning's action that it was a very carefully orchestrated 'fakeout'. We've broken some trend lines (some unconvincingly) but not others. I.E., we now have some fabricated technicals.
All that matters for the longer term is whether the next bottom is higher or lower than ~30c. I think it will be 32c+ and we will start our bumpy run to December from that point on.
GXY Price at posting:
35.3¢ Sentiment: Buy Disclosure: Held