Greatland Resources Price: GGP Keeps Climbing Higher, Profit-Taking Is Impending

PUBLISHED: Oct 09 2025 @ 05:39 | Comments (0) | More info about Azeez Mustapha

Bulls’ pushing efforts against the stances of bears in the exchanges of Greatland Resources Limited (LSE:GGP) have been tremendous, as the stock market keeps climbing higher above the moving averages, profit-taking appears impending.

The indicators of the exponential moving averages are having it that 333 being the mid-value is the vital support trade zone that massive drawback movement needed not to be allowed freely in the event of significant loss of upward momentum. Being as it is, investors are warned of abrupt fresh longing orders in order not to be whipsawed in no time along the line.

Resistance Levels: 425, 450, 475
Support Levels: 325, 300, 275

Is Greatland Gold’s Steady Climb Above the EMA Indicator Signaling a Potential Point for Imminent Profit-Taking Soon?

The Greatland Resources Limited’s continuous upward momentum may indeed indicate that investors are nearing a profit-taking phase. However, sustained buying pressure and favorable market sentiment could still extend the bullish trend before any significant retracement occurs.

There has been a pattern that showcases that the Stochastic Oscillators are in the overbought region, moving in a consolidation. The trend line of the 15-day EMA indicator is positioned above the trend line of the 50-day EMA indicator.

Learn from market wizards: Books to take your trading to the next

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

Follow @ItuGlobal

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.