GXY 0.00% $5.28 galaxy resources limited

General: Share Price, Trades and chart related discussions, page-2699

  1. 2,988 Posts.
    Lots of reasons for a pause, small retrace:

    Traders taking profits - been almost a 50% run up in the last month or so.
    Investors taking some money off the table to de-risk
    General bad day on the markets for mid-caps.
    Shorters sensing blood after a quick rise.

    IMO back to around 45ish then might turn up again.... or might continue back to the 30s!

    I like the story but needed to increase my cash holding so dropped mine for now, maybe back in a few weeks if price attractive, otherwise I'll find another good prospect, plenty of fish in the sea and all that...
 
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