AsimMirzaTrader

GXY - Buying Opportunity

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ASX:GXY   None
GXY seems to have taken off north, after breaking out of the triangle with very High Volume, so any retracement lower shall be a fantastic buying opportunity as it has been in a clear uptrend forming higher highs and higher lows. All we need is a little retracement towards the Support level and trendline Support level of $2.45 where it may come to backtest and shall wait for some bullish price action confirmation before we get into the trade. This will surely be an amazing buying opportunity for a strong move to the upside.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

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