GJ Hi 210.42
Lo 209.70
Resistance line at EMA200 (1 hour chart ) at ~210.6
Support at Fib retracement (daily chart at ~209.0)
Place Long limit order at 210.42 + 25 = 210.62, TP 211.62, SL 209.62
Short Limit order at 209.7, TP = 209.7-25 = 209.45, SL 208.7
GU should find its support at 1.9330 and 1.9250. Failure to rebound at this level will bring a whole year low, potentially to go below 1.900.
One the positive side, GU has shown sign of reversal, bouncing off the support at 1.9330 yesterday. Still waiting for clear signal in the CCI (daily chart) to confrim reversal.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment