I hope, i am correct this time. However, if we look at a week trading, there is continueos effort to keep SP just around 30c. Everytime, it tries to break the resistance, intentional dumping coming up. For profit takers and Short seller, 2-3 days should be enough to dump the shares and move on. But here, this has been going on for a while and it's not profit takers or short sellers, someone else having fun around.
I am sure, it shouldn't hold at this level for long time. It has to move on at some stage and it will.
Just hold tight. BTW this time, I haven't set my stop loss.
GSL Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held