GOR 4.52% $1.62 gold road resources limited

1. 3 months of consolidation following the drop from $1.975.2....

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    1. 3 months of consolidation following the drop from $1.975.
    2. Inverse H&S formed after the consolidation period.
    3. Divergence became more apparent as price broke through the bottom horizontal support line.
    4. The lowest point of the inverse head is also the 78,6 % FBR from the $1.975 high made in July 2020.
    5. Broken out of the inverse H&S neckline.
    6. Golden Cross formed at the point of breakout.
    7. Traversing on the uptrend channel making a new high.

    Signs on the Daily chart shows a very strong reversal was concluded. A pull back to the neckline is possible in the near term, and perhaps to the lower uptrend line to make a higher low.

    All in now and waiting for it to explode higher.

    https://hotcopper.com.au/data/attachments/3125/3125855-b1f15c54e38b9ffa0b10b7c3912b2d6b.jpg

 
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Last
$1.62
Change
0.070(4.52%)
Mkt cap ! $1.755B
Open High Low Value Volume
$1.59 $1.64 $1.59 $16.79M 10.41M

Buyers (Bids)

No. Vol. Price($)
5 201927 $1.62
 

Sellers (Offers)

Price($) Vol. No.
$1.63 198321 7
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Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
$1.61
  Change
0.070 ( 3.84 %)
Open High Low Volume
$1.59 $1.64 $1.59 1503774
Last updated 15.59pm 16/05/2024 ?
GOR (ASX) Chart
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