GEM 0.35% $1.41 g8 education limited

Technical Analysis

  1. 240 Posts.
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    Hi Guys,

    I'm not the most advanced when it comes to TA, but if any seasoned TA is reading this, can I get your thoughts on this?

    Observation #1: Given the consolidation pattern below, what probability do you give the price breaking through the $3.80 mark? Is it likely to continue consolidating towards the $3.15 mark?


    Observation #2:
    Given that the gap has just about filled from August, do you think it will continue it's uptrend or bounce back down?

    Observation #3: In the past dividends seem to have made little impact to the share price, what do you think the upcoming dividend will have on the price? (more of a market psychology question than TA).

    Appreciate your thoughts.
 
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