Quarterly was published 31.10.17 last year.
Results for this one already known to many and presumably not so good?
But how much lower can price fall in next three weeks?
Seems to me we are in now contact with primary uptrend line.
Going beneath that woukd be insane given the fundamentals .
So logically even if quarterly is bad these technicals infer the new executives will produce a rabbit out of their hats ?
( I have been thinking about ‘price cycles’ manifesting in real life events and it suits my bias to apply the theory here)
Cheers
PS
Here is a repaste of (the inimitable) @Saragian ’s chart -from 19 September - on another GCY thread 35701598.
19 September chart :
“The GCY share price was looking decidedly insipid leading into the TH with consistent closes below horizontal support @ 29c. I note the rally today, on relatively high volume, was halted at 36c........the linear regression trend line.
The one consolation , GCY is still in a PRIMARY up trend.
Cheers.”
(daily BAR chart).
