Thursday, December 11, 2014

GLP (technical)

GLP, Current downtrend started in early September, there are now initial signs of end of downtrend on the hourly chart consolidation at $2.52-2.54 breaks out of prevailing downward trend channel, (ii) MACD loses positive momentum. Meanwhile, volume shows buying interests picking up. Immediate support-resistance at $2.50-$2.61

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