I indicated a couple of days ago that GDN was in a "falling...

I indicated a couple of days ago that GDN was in a "falling wedge" pattern.

These patterns have a high chance of breaking upwards.

The price has now broken the down trend line which has been in place for some weeks.

This has a 98% chance (Bulkowski's "Encyclopedia of Chart Patterns") of becoming an uptrend.

Not bad odds for a punter?

Of course, it can always be a false break.

And we haven't seen the end of today's trading yet.

This stock has a habit of selling off in the afternoon.

We shall see. We shall see