@HappyGoLooky I like to keep it simple with my charts ie mainly looking for both short and long term trend change inflection points to guide my entry points. Charts go hand in hand with an understanding of the fundamentals, when the two align so does my conviction. I use trading channels as a broader guide for price trend and extremities in conjunction with a range of moving averages.
Just a system I have developed myself over a number of years to suit my own trading style (for mainly medium to long term) so you probably won't find the exact same system in any textbook that I'm aware of but it works for me. More an art than a science I might add. But it's truly uncanny how often price action observes these magic trading channels over varying timeframes until they invariably break down at which time a reassessment is often needed!
To answer your question, if I am correct here, the share price correction since November is largely complete and a revisit to the dashed channel midline is now a high probability.
Put simply, I think we see 30-32c within the next 3-4 weeks, followed by 35-36c not long after with the right newsflow and a supportive macro backdrop (ie gold prices remaining firm).
Not financial advice so far anyone reading this I stress you please DYOR
GG8 Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)