GLL 0.00% 1.1¢ galilee energy limited

at what point do we call this a breakout?

  1. 599 Posts.
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    GLL has been trading higher in the last few weeks, and from a brief look at the 1-2 year chart the former sideways support was at around these levels. How far would it need to break upwards for it to be considered a breakout?

    Volume has been higher than normal in the last few days. Is there something simmering away or is it just positive momentum from the lows near 16c? It's now up over 50% since the August lows, quite a feat for a stock I had long since put in the bottom drawer as a 'long term hold'.
 
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Last trade - 10.09am 04/12/2024 (20 minute delay) ?
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