What?
If you google beautiful chart right now...it will point to GLN.
MA's, MACD...are ALL looking really good...very bullish.
It had a "cup with handle" a few weeks ago also which would be a top 5 buy signal.
** It's important to note:
TA and charting are 2 very different things IMO.
Overbought? it's up ONLY 50% from a base of 32? (This from a stock dramatically undervalued the past 6 months.)
The thing with charts is you can take ANY chart...good or bad and find something that says BUY or SELL.
That's why I STOPPED using looking at them 20 years ago after studying them for 10 years before that.
They are more of a confirmation.
Check out GLN latest drilling results...
If it got to $1.4 in the next 3 weeks...yes, them it might be overbought but, right now...Not even close.
We are just starting.
IMO
DYOR!!
Charting, page-25
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $60.50M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.5¢ | $40.99K | 303.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 2029556 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 1089056 | 24 |
View Market Depth
| Last trade - 10.56am 25/11/2024 (20 minute delay) ? |
| GLN (ASX) Chart |
