Hi all , re-checked my graph thingy again, hope I'm reading it right. my graph is showing that GBG is going into an overbought period and due for a correction ,however this can be IMO disregarded based on the buying strength of late and volumes. A conern forming is the lows over the last few days where it has tracked downwards,some more of these ocillations could be a worry. If it has a point in the next few days where it rises above 35c and closes above these pathetic lows of 32.5~33c then a break-out of about 20% is possible.This would be further indication of an uptrend pattern is forming.
DISCLAIMER.....DONT USE MY POSTS AS INVESTMENT ADVICE ,DO YOUR OWN RESEARCH!!!!!
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GBG Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held
