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5.9¢ galena mining limited

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Generalrelativity

13,236 Posts.

501

01/03/19

09:14

Post #: 37614902
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Originally posted by seagull: ↑

Looks like its having a spell for now after the run up from the gap.

The stoch 5 & 14 have crossed back below the over bought area
MACD is also trending down below its sig line.
Histogram is below zero.
If it has the usual 61% retracement it will come back to the base of the range box (33.5 - 37.5) with a possible breather or support in the middle where the rising trends meet (0.35)
There is a 60% chance it will make a lower low than todays close.
93% of the outside gaps close in 30 days so that is looking unlikely at this stage.
Probably just having a breather & profit taking.
View attachment 1462235

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Thanks Seagull.

B interesting to c if it moves on the Pb price fundamentals the last couple of days. Didn’t yesterday. But if this motivates AM to get that updated PFS out pronto then we may c some more positive movement that outweighs the technical games the MMs play !!!

Gr

G1A Price at posting: 36.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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