GXY 4.51% $3.60 galaxy resources limited

General: Share Price, Trades and chart related discussions, page-9

  1. 92 Posts.
    Umm, nope. It bounced off 32.5c support which was the bottom of gap from beginning of major breakout. That gap wanted to be closed.

    The closing price above days highs is a result of no one selling and big buys coming in. There were multiple single orders going through for $250k+

    The next resistance is 41.5c. If it clears this on open ( which I'm certain it will), this 41.5c will become new support (ie. Floor) and will see price through to next resistance level.

    So yeah, won't be red tomorrow, gap up will see to that. The bullish intra day chart and close are text book for breakout. Expect a substantial rise tomorrow, today was just getting confidence back and confirming a reversal off bottom support at 32.5c.

    Also, this price has been held back by 20% volume being shorted - this has dropped to zilch now.
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Mkt cap ! $1.820B
Open High Low Value Volume
$3.75 $3.82 $3.54 $19.33M 5.299M

Buyers (Bids)

No. Vol. Price($)
1 8000 $3.59

Sellers (Offers)

Price($) Vol. No.
$3.60 1035 2
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Last trade - 16.10pm 14/05/2021 (20 minute delay) ?
-0.170 ( 4.89 %)
Open High Low Volume
$3.73 $3.82 $3.54 892468
Last updated 15.59pm 14/05/2021 (live) ?
GXY (ASX) Chart
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