Great announcement yesterday! and very promising outlook for GNI...

Great announcement yesterday! and very promising outlook for GNI with more pending assay results to come soon..this is now a potential multibagger so reckon today is the day to buy up baby!!! (say goodbye to 1-1.7c range)

Price and moving averages:

Price and moving averages has closed above its Short term moving average. Short term moving average is currently below mid-term; and below long term moving averages. From the relationship between price and moving averages; we can see that: GNI is BULLISH in short-term; and BULLISH in mid-long term.

Bollinger Bands

GNI.AX has closed above the upper band by 31.1%. If the price is in a uptrend; then this upward trend has a good chance to continue. above the upper band by 31.1%. If price is in a uptrend band; this upward trend in price might continue. However a short term pullback inside the band is likely.Bollinger Bands are 46.2% narrower than normal. The narrow width of the bands suggests low volatility as compared to GNI.AX's normal range.