For those who like to find pictures in charts (of which I am not convinced) the current 3 month chart is forming a bullish Inverse Head and Shoulders. Based on this prediction the second shoulder could bounce at the current level for another week before (and look for) a breakout above the neckline of near $11. Look for a breakout with volume. Picture predictions are of no use if pointing it out after the event in my opinion so lets see!
Investopedia definition link below
https://www.investopedia.com/terms/i/inverseheadandshoulders.asp
Graph below;
GLTAH
DYOR
For those who like to find pictures in charts (of which I am not...
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Last
$10.11 |
Change
-0.050(0.49%) |
Mkt cap ! $1.823B | |||
| Open | High | Low | Value | Volume |
| $10.16 | $10.22 | $10.02 | $3.851M | 381.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11189 | $10.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.17 | 1273 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| DDR (ASX) Chart |