Not looking too great right now... Shorts on the rise, and not too surprising from a technical perspective.
Green zone has been penetrated to the downside, for the completion of a H&S top, though will be watching
the next few days of price action and most importantly the weekly close to determine if this just a bear trap.
I do not short on the ASX but if volume picks up to the downside in the next few days I will use the measured
projection for an idea of a zone to begin considering re-entry...
Technical perspective only here, so no offense to fundamentalists (no pun intended lol).
GLTA
Not looking too great right now... Shorts on the rise, and not...
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Last
$7.19 |
Change
-0.230(3.10%) |
Mkt cap ! $1.151B | |||
| Open | High | Low | Value | Volume |
| $7.42 | $7.42 | $7.16 | $7.598M | 1.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5705 | $7.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.25 | 3486 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |