MIN looking primed for a decent ascent over the coming weeks.
Inverse Head & Shoulders breakout today (blue neckline). Reason IMO to ignore the
unusual one high volume red bar in the right shoulder as I believe this attributable to a
newspaper article that was published which was refuted by the company.
Measured target of 17.80 (minimum target as with are pattern forecasts)
The weekly chart looks to be closing outside over a down-channel this week, though
there is room to argue for an adjustment of the upper line which would show price only
testing it now. Price has moved powerfully today through a large resistance zone and
currently testing
I missed the opportunity for the break of the neckline and will not chase now, though I will
be eager to pick up on a retracement, hence the current "none" sentiment reflecting my
hesitance to buy at this moment. That is mainly due to my risk-reward ratio principles.
Weekly momentum indicators showing quite a lot of room ahead potentially.
ALL IMHO
GLTA
MIN looking primed for a decent ascent over the coming weeks....
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 (20min delay)
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Last
$79.24 |
Change
-0.250(0.31%) |
Mkt cap ! $15.52B | |||
| Open | High | Low | Value | Volume |
| $79.15 | $79.25 | $78.07 | $45.58M | 577.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 431 | $79.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $79.25 | 250 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$78.78 |
Change
-0.250 ( 0.66 %) |
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| Open | High | Low | Volume | ||
| $79.17 | $79.19 | $78.07 | 37125 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| MIN (ASX) Chart |