G88 8.33% 1.3¢ golden mile resources ltd

The technicals were unsustainable- think of a rubber band...

  1. 9,930 Posts.
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    The technicals were unsustainable- think of a rubber band attached to a pole. Certain indicators like ema10/20 act like the pole off which the sp can’t move too far. Considering the oscillators we grossly overbought and this was required. A breakout then selloff now the key aspect. Support at these levels especially low 80s.’in the absence of an announcement This will test them. Tues we’d is important. If I’d said 79 to 93 from Thursday to close today most would have been pleased. Even if g88 has held 80 c most would have been ok. The issue is hype creates u reasonable st expectations.
    If there was 1-2 million turnover I would be very comfortable - 4 just irritates me though I’m pretty comfortable that this was trader driven based on the buying and selling patterns. However from a trading perspective shiit day closing on low. Let’s c what tommorrow holds.
 
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Last
1.3¢
Change
0.001(8.33%)
Mkt cap ! $5.346M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $1.441K 111.4K

Buyers (Bids)

No. Vol. Price($)
1 80000 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 379298 4
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
1.3¢
  Change
0.001 ( 8.33 %)
Open High Low Volume
1.1¢ 1.3¢ 1.1¢ 1240000
Last updated 15.43pm 29/03/2024 ?
G88 (ASX) Chart
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