GNC 0.98% $9.09 graincorp limited

MaltCo Spinoff, page-47

  1. 370 Posts.
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    GNC has bounced strongly off 7.20 six times in the last 3 years indicating a strong support level.
    For the candlestick traders, it also bounced off an abandoned baby signal today which is also positive.
    Finally, some rain has come to the inland at long last.
    Add the three together and GNC should rally up above $8 quite quickly.
    We might see it retest the support first though--- who knows!!
    I bought in 50% of my intended trade today.
    I'll watch carefully and decide when to top up.
    Good luck everyone!
 
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