GBG 0.00% 2.9¢ gindalbie metals ltd

mcsweeney defends his decision to sell , page-14

  1. cy7
    930 Posts.
    re: the run has started I suppose you would call the pattern that has formed from the high in March this year a Wedge.
    It is against the trend and the break is well into the apex of the triangle/wedge.
    A weekly close above 49 cents on increased volume – and we could be away.
    Today’s turnover of 2.8 million shares is a step in the right direction.

    The Directional Indicator and MACD are both turning positive --- although not yet –
    Technically it is looking fairly good.
    Fundamentally also a lot of positives.

    Once again this is only an observation.
 
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