Every one has been greedy before. I am a newbie too, so don't take my words that seriously.
From what I have read (from this thread), GLN is way undervalued right now.
The rally has been amazing, with some retraces. I like the shape of GLN from TA perspective. Last week it formed a systematic triangle and broke out on Friday nicely. Today seems similar action as last week. I would personally give a few days to observe. Ideally it forms the same "flag" shape and then shoot up. next resistance 42c range. Well, that's just the ideal situation lol.
I would take some profits at next leg up. But prob keep the most in for future 1$.
Would like to hear other experienced players' thoughts.
Cheers
General Discussion Banter GLN, page-4711
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Last
14.3¢ |
Change
0.008(5.56%) |
Mkt cap ! $68.40M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.3¢ | 13.5¢ | $103.6K | 746.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 93185 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 221962 | 9 |
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| Last trade - 12.44pm 20/08/2024 (20 minute delay) ? |
| GLN (ASX) Chart |