Could be part Garnaut Effect. Part US share bounce last night,...

Could be part Garnaut Effect. Part US share bounce last night, even just anticipation of Closed Loop test commencing plus other factors mentioned in past 3 or 4 posts.
The share price action over the past 3 or 4 trading days though shows a healthy change in sentiment.
Today, although not strong trading, at 1:50 EST shows volume of just 194,000 odd but a 4c lift in price and a 10c lift overall on similarly light volumes over the past 4 trading days.In fact Tuesday was 2c down.
This has capped the solid days trade last Friday the 4th. when GDY rose 5c for the day with just 227,000 shares changing hands.
This has created a chart pattern called a pennant.(In candlestick charting).
Like a mast with a small flag at the top, sloping upwards into the bargain.

Shares frequently move upward more strongly from such a position.
Need to see how well this holds up at the close though.
So there. Hope I haven't spoiled it by sticking my neck out.

geojac