DJWTrading

Bullish reversal imminent

Long
DJWTrading Updated   
ASX:GXY   None
5 month bearish trend broken
Recent breakout from support wedge
OBV, MACD showing bullish interest
Support at low 0.7c proved strong
Short selling also weakening
GXY during March 2020 became debt free and ready for growth.

A bounce off the SMA should hopefully pave the way into a new bullish trend.

First published idea, go easy.


Comment:
CMF and OBV have confirmed bears are taking over short term, retest of 0.71c support triple bottom???
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