unfortunately it is at 3 year lows. 40 cents longterm support line. I can probably see it getting there only if 50cents is broken over the next few days. I will hopefully load up heaps at that price.
Alternatively I will wait until back over the recent 56cents support line (now resistance) there is a gap at 58 cents so it could try to close that before heading lower. Watch out for this (to short term traders only) if you are long then sit back and wait until this plays out.
Longterm I like the story, however it has to now produce some tangible results.
GXY Price at posting:
17.3¢ Sentiment: ST Sell Disclosure: Not Held
