GSW had a similar pattern where it rejected lows of $2.20 two days in a row and is currently up 10% today. Both companies tend to copy each other's price movements. GSW had support at $2.18 and bounced after rejecting prices near it twice. The current YOJ price has been bouncing strongly off the three support levels for the second day in a row now, could this mean a similar 10% increase in price for YOJ tomorrow that GSW saw today?
YOJ Price at posting:
17.0¢ Sentiment: None Disclosure: Not Held
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