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ASX
Index
fx
GG8.AX
ASX
Gorilla Gold Mines
STAY LONG
Close
0.3450
Prev.Close
0.3500
Change
-0.0050
Change%
-1.43%
BEARISH THREE OUTSIDE D...
Bought at
0.3700
Open
0.3450
High
0.3600
Low
0.3400
Close
0.3450
Loss%
-6.76%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
AUD100⇨
15/04
0.3700
BUY
-6.8%
❌
121
13/04
0.3610
SHORT
+2.5%
❌
125
01/04
0.3500
BUY
+3.1%
✔
122
03/03
0.4500
SELL
-22.2%
✔
122
18/02
0.4200
BUY
+7.1%
✔
114
13/02
0.4300
SHORT
-2.3%
✔
112
10/02
0.4600
BUY
-6.5%
❌
120
27/01
0.5050
SHORT
-8.9%
✔
111
06/01
0.5500
BUY
-8.2%
❌
121
31/12
0.5200
SELL
+5.8%
❌
121
08/12
0.4400
BUY
+18.2%
✔ 👍
103
02/12
0.4200
SELL
+4.8%
❌
103
25/11
0.3900
BUY
+7.7%
✔
96
12/11
0.3860
SELL
+1.0%
❌
96
30/10
0.4000
BUY
-3.5%
❌
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
AUD100⇨
15/04
0.3700
BUY
-6.8%
❌
252
13/04
0.3610
SHORT
+2.5%
❌
259
01/04
0.3500
BUY
+3.1%
✔
252
03/03
0.4500
SELL
-22.2%
✔
253
18/02
0.4200
BUY
+7.1%
✔
236
13/02
0.4300
SHORT
-2.3%
✔
232
10/02
0.4600
BUY
-6.5%
❌
249
27/01
0.5050
SHORT
-8.9%
✔
230
06/01
0.5500
BUY
-8.2%
❌
251
31/12
0.5200
SELL
+5.8%
❌
252
08/12
0.4400
BUY
+18.2%
✔ 👍
213
02/12
0.4200
SELL
+4.8%
❌
214
25/11
0.3900
BUY
+7.7%
✔
199
12/11
0.3860
SELL
+1.0%
❌
199
30/10
0.4000
BUY
-3.5%
❌
207
28/10
0.3700
SHORT
+8.1%
❌
226
15/10
0.4190
BUY
-11.7%
❌
257
10/10
0.3960
SELL
+5.8%
❌
258
08/10
0.4350
BUY
-9.0%
❌
284
25/09
0.4050
SELL
+7.4%
❌
284
17/09
0.4200
BUY
-3.6%
❌
295
25/08
0.4050
SELL
+3.7%
❌
296
21/08
0.4040
BUY
+0.2%
✔
296
12/08
0.4650
SELL
-13.1%
✔
296
05/08
0.4300
BUY
+8.1%
✔
275
31/07
0.3860
SELL
+11.4%
❌
275
16/07
0.3600
BUY
+7.2%
✔
257
11/06
0.5200
SHORT
-30.8%
✔
197
16/05
0.4800
BUY
+8.3%
✔
183
09/05
0.5250
SELL
-8.6%
✔
183
05/05
0.4700
BUY
+11.7%
✔ 👍
164
24/04
0.4750
SELL
-1.1%
✔
165
10/04
0.4200
BUY
+13.1%
✔ 👍
146
01/04
0.4500
SELL
-6.7%
✔
146
03/03
0.3130
BUY
+43.8%
✔ 👍
102
27/02
0.2620
SHORT
+19.5%
❌
127
13/02
0.2250
BUY
+16.4%
✔ 👍
110
17/12
0.2650
SELL
-15.1%
✔
110
12/12
0.2520
BUY
+5.2%
✔
105
10/10
0.2000
QUIT
+26.0%
105
07/10
0.1900
BUY
+5.3%
✔
100
† Trade commissions are taken as 0.20%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
STAY LONG
. The previous
BUY
signal was issued on 15/04/2026, 14 days ago, when the stock price was 0.3700. Since then,
GG8.AX
has fallen by
-6.76%
.
Market Outlook
The market is no longer favoring the bulls. Bearish signals are increasing, and the chances of a substantial downside breakout are considerably high. The share price is below the confirmation level of the last bearish pattern, but the signal is still suggesting to
STAY LONG
. The
SHORT
signal requires a black body whose close is below the confirmation level and the chance of detecting such a black candlestick is very high. The Delayed Intraday Module is ON. Due to the elevated risk, closely monitoring the intraday price action has become indispensable.
Pattern Description
This is a confirmed Bearish Engulfing pattern. The first two candlesticks follow the classic Bearish Engulfing pattern, and the third day provides its confirmation.
more...
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