Brian, technically GBG is looking a little healthier too but the following observations should be taken lightly in this market.
GBG has just recently broken the downtrend (unspectacularly though) which began early June, hitting a low point late Oct.
On balance volume has done exactly the same- declining since June, hitting a low point end of Oct and now rising.
RSI has been steadily climbing since bottoming in early Oct.
It has just crossed a 20 day MA for the first time since late August.
No-one knows if the worst is over for GBG but the improvement in technicals appears to have coincided with the expectation of the last equity payment due. Change of plan doesn't reflect a negative reaction on the charts as yet.
Brian, technically GBG is looking a little healthier too but the...
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