GXY 0.00% $5.28 galaxy resources limited

Chart, page-12747

  1. 4,671 Posts.
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    The chart below is the DOWN TREND linear regression channel from 01/18.
    The recent rally that was halted @ $1.81c. and the subsequent retrace back to test the $1.46c. level was not a mere coincidence.
    Although there was a low of $1.445c, . on 01/05/19, the critical support level (closing price) is $1.46c.
    So, expect the  price action  to RANGE between these two levels until a break out.
    UP or DOWN??

    Cheers. gxy_ax21dec17_to_22feb20.png
 
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