Post by
Captain71 on May 10, 2022 9:38am
Here we go!!
SP has made a double bottom at 0.04. If it starts moving higher it needs a succession of higher highs and higher lows to trigger a buy signal and breakout. Still looking at 0.065 for that signal, but that may change slightly depending on trading action.
If it breaks down less than 0.04 the whole process starts over at the new low.
Exciting. Lets see how it plays out.
GLTA
Comment by
Joseisok on May 10, 2022 10:05am
Technicals are a reflection of the markets perception of the fundamentals. In other words, no catalyst no sp appreciation.