"While we saw a quiet day for ggp today, it is actually a very exciting day technically...
We have a supply test of that really ugly bar behind us that found supply at the 2.4c level... A close higher tomorrow will confirm the successful supply test and in doing so also confirm new support @ 2.4c...
As you can see from my previously marked successful tests on the chart, most times a breakout can occur shortly after confirmation of a successful supply test..."
Hi ewob , erichmj,or anyone else with TA
before the auction starts,i just wanted too clarify one point. Are we after a close higher than the support level of 2.4 ( close at 2.5 ) or do we need a close higher than yesterdays close of 2.5 ? Are we looking for a close of 2.6 to set the trigger for a run ???
cheers
( looks like we may cover both scenarios )3.5 mill units to buy @ 2.5 just come in.Glad I topped up.News 2morrow hopefully.
GGP Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
