Strong close on Friday, closed at the high of the day. For the coming week, I would expect some more trading interest in this stock, with expected trading range of 43min to circa 55 top. A break above 55 possible, but would say that event would need further news flow.
The positives of this short term chart shown significantly outweigh the negatives... "almost" certain this will extend the gains from here. How long that lasts is anyone's guess.
NEGATIVES:
- Current price tipping outside the BBs.
- Long term resistance/support at circa 48c.
- Large gap below (however I am of the opinion this is a breakaway gap... "fundamental change in outlook of a company overnight", so its more like a positive in my view)
POSITIVES:
- Double Bottom & Inverse Head Should pattern indicating reversals / bottoms
- Multiple channel / trend line breakouts
- Break through 62FIB resistance with increasing volume
- Short term MAs crossed and held 50MA putting in 'Higher Low'
- Price broken above 200MA
- Up trending indicators (RSI, STOCH, MFI)
- Weekly MACD trending up, Daily MACD up and both are aligned for longer term up trend.
Interesting week(s) ahead one thinks!
GLTA!
Strong close on Friday, closed at the high of the day. For the...
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 (20min delay)
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $78.49M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 38.5¢ | 37.5¢ | $12.56K | 33.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35792 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.52pm 26/04/2024 (20 minute delay) ? |
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Last
37.5¢ |
Change
-0.005 ( 1.32 %) |
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| Open | High | Low | Volume | ||
| 39.0¢ | 39.0¢ | 37.5¢ | 21661 | ||
| Last updated 13.23pm 26/04/2024 ? | |||||
| OCC (ASX) Chart |