weekend charting 22-24 oct for gj, page-51

  1. 1,568 Posts.
    GMM
    GMM 231010D

    not much data to work with.....chart looks to be in the purple uptrend channel....it has been ranging up nicely since Jul/Aug lows and stochs are low now, possibly turning so i would look for the next upswing to begin....swing trade the movement up from here.....watch the divergence on the momentum indicator

    GNI
    GNI 231010D

    nice breakout of the red fork...bit of backtesting on top tyne then a solid move upwards with volume...has met some resistance at the 195EMA and might pause here for a while with stochs being so high....you would like to see it get above the purple support/resistance
 
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