The breakout above the Kumo means GXY is now bullish on the daily chart.
The red spinning top type candle could indicate a change of trend to the down side.
The Kumo will now act as support around the $2.75 area down to $2.62 which is the bottom of the Kumo.
The weekly chart now has a buy signal on the MACD with the Tenkan Sen & Kijun Sen flat which general indicates a consolidation period is underway with possible resistance around the $2.87 & support around the $2.47 on the weekly charts.
Chart, page-10604
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