GXL 0.00% $5.54 greencross limited

morgans target of $9+

  1. 1,744 Posts.
    Great to see Morgan's take on GXL's performance, they've got a pretty good track record with the picks on their blog :)

    http://www.morgans.com.au/Blog/2014/March/Technical-Analysis-6-Mar-2014.aspx

    Greencross Limited (GXL)
    GXL has been trading in an up trend over the past year, which remains technically intact. The latest pull back has lost momentum over the past few weeks and the price has been trading sideways. A break above minor resistance of $8.38 is likely and will signal that the correction is over.

    The potential upside price target in the weeks ahead is $9.00, however over the long term higher price levels are achievable. Heading higher.
 
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