GXY 2.84% $1.37 galaxy resources limited

The chart below is the DOWN TREND linear regression channel from...

  1. 2,956 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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Last update - 16.10pm 18/06/2019 (20 minute delay) ?
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GXY (ASX) Chart
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