ASX stock Analysis GXY

ASX stock Analysis GXY

Time Frame : Daily Chart

Watching for Buy Entry Setup

GXY has recently backed off highs around 3.30 but continues to hold around the 2.60 zone as buyers soak up the selling pressure. We expect that buyers still have some work to do so are watching to see if they can hold price above 2.50 or even off a flush into 2.25 before they start the push higher again towards the 4.00 level.

Stock : ASX stock GXY

Current Price : 2.66

Status : On watch for a move above 3.25