Not sure how many of you follow Michael McCarthy from CMC Markets, he's on Sky Business a fair bit and is a pretty good chartist.
He has GXY as a buy in the the latest edition of the bull.com.au
The share price of this global lithium company has fallen from around $4.50 levels to close at $1.98 on March 13. The company’s been subjected to short selling given uncertainty surrounding the timing and methodology of developing its main Argentinian project. However, completing of the sale of a package of tenements to POSCO leaves it better placed to reach an investment decision about developing the mine, with or without a partner. We also see technical support between $1.80 and $2.
