most of the stocks I have been charting have found support and bounced off the 200 day moving average - currently that sits bang in the middle of the current s/p and the gap at $3.02
I expect it probably closes the gap but ideally it stays above that yellow line and heads north - a sustained break below the 200 EMA would be extremely bearish - hopefully it can stay above $3
GXY Price at posting:
$3.10 Sentiment: None Disclosure: Not Held
