Interesting couple of weeks ahead looking at the weekly chart.
Symmetrical triangle (lower highs and higher lows) have been forming if we take the lower base starting back 19 February 2018 and the high base commencing 3 September 2018.
The closing price on Friday at $8.86 represents the downward slope for the symmetrical triangle this week with the upward slope at $8.46. This is an extremely tight range for a stock with lack of sellers.
Imo something is brewing!
GLTAH and DYOR
SM1 Chart
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 (20min delay)
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Last
22.0¢ |
Change
0.010(4.76%) |
Mkt cap ! $48.08M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 20.0¢ | $24.86K | 118.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35000 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 9934 | 1 |
View Market Depth
| Last trade - 15.42pm 03/07/2024 (20 minute delay) ? |
| SM1 (ASX) Chart |