GGP 0.00% 0.6¢ golden gate petroleum ltd

ggp set for take-off, page-32

  1. 9,981 Posts.
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    Just taking a closer look at the technicals..

    The parabolic is currently short and in bearish territory, while volatility is in a downtrend. (based on a 9 bar MA)
    MACD is in bullish territory, but the recent downturn in the average may indicate a short term decline.
    Most Moving Average studies and bollinger bands are bearish for the short term, suggesting lower levels ahead. Looking exclusively at the stochastics, the short term trend looks a bit toppy and again suggests a possible ST decline...

    The gap is nigh I tell you!



 
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