I agree this stock looks very oversold, and we're looking at having a green day today which is a relief I am sure to GMG holders. Not sure what impact the 'CBA cease to be a substantial holder' announcement will have on the SP over the next few days.
The white candle stick which I think we'll get today will form what looks like the rising 3 method candle stick pattern which is supposed to be a bullish continuation pattern, but the two white candles on two sides are small compared to the 3 black candles. Plus the pattern is appearing in the primary downtrend so I am not sure what to make of it.
If this turn around is for real then congrats to all holders. But if it turns south again and dip a little bit more I'd be in. I'm just watching and waiting ...
the fundamentals, page-8
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Last
$36.60 |
Change
0.900(2.52%) |
Mkt cap ! $69.96B | |||
| Open | High | Low | Value | Volume |
| $35.88 | $36.69 | $35.84 | $100.9M | 2.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 175 | $36.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.60 | 39274 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| GMG (ASX) Chart |