GXY 0.00% $5.28 galaxy resources limited

The gap is between 0.400 cents and 0.402 cents (created between...

  1. 2,103 Posts.
    lightbulb Created with Sketch. 184
    The gap is between 0.400 cents and 0.402 cents (created between 25/28 November). The SP touched the upper range of the gap this morning (on Commsec), not the lower. It needs to have a trade at 0.400 to close the gap, but IMHO a gap that tiny is really splitting hairs. However, from a TA point of view, we now have a nice double bottom (5Apr and yesterday, and a tweezer-ish bottom yesterday and today) which suggests upwards from here, Technically, it's been in oversold territory for two weeks, but a MACD crossover is needed as a confirming buy signal. Low-risk traders would want to see the higher low/higher high scenario as well.
    GW
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.