for mugpunter1 - your request albeit late

Hi Mugpunter1,


Here's a chart showing some short term cyclical oscillator and a cup with a handle technical chart formation for GGP as requested. Sorry for posting it now, as a separate GGP thread, as I only noticed your request when I viewed the XJO Thread today, but hope the chart is of some use to you. This is completely technical representation, I have not look at the fundamentals of GGP for a very long time, but as the outbreak of the cup with a handle pattern shows, there are technical attraction to go long, so if the fundamentals agree, we do have an interesting picture here. So please do check the fundamentals up as well:)

Also note, the price chart contains 3 indicator lines which are lag-free digital filters( similar to almost lagless moving averages). You can see the price and the green and red indicators lines are well above the black indicator line, showing the prices are in uptrend.
Other comments are on the chart.

Hope this helps, and happy trading:)

Cheers,

dascore