GHY 4.00% 65.0¢ gold hydrogen limited

GHY technical analysis, page-155

  1. 422 Posts.
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    After testing $1.35 four times over the last month, it broke through last Friday (21st). We're at the pointy end of that descending channel, so it's a good opportunity to buy IMO.

    Around $1.115 is the new support so if breaks that the down trend is here for another leg.

    I'm erring on the bullish side and figure it'll bounce through $1.35 if not tomorrow, then early next week. Last day of the FY tomorrow means profit taking will evaporate and buyers that know the potential of GHY will start accumulating again.
 
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