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.
After testing $1.35 four times over the last month, it broke...
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Last
$1.29 |
Change
0.010(0.78%) |
Mkt cap ! $98.51M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.33 | $1.22 | $336.1K | 261.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 35647 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 1111 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| GHY (ASX) Chart |