GJ Hi 213.52
Lo 212.83
GJ tested the EMA55 (daily chart) and start its retracement to EMA21 (1 hour chart) in the morning trading.
Resistance EMA55 (daily chart) at 213.0 and the next at EMA100 (daily chart) at ~217.0
Support is at EMA55 (1 hour chart) at 212.3
Should GJ clear past Hi at 213.52, the traget will be 217. Place long limit at 213.52, TP 214.52, SL 212.52
The movement this morning is fast, expecting a rebound off EMA21 (1 hour chart), before attempting EMA55 (1 hour chart). No clear indication of movement.
GU
It breaks north after sailing past 1.974 and head straight towards 1.985 (high was at 1.989). It did a retracement, but the CCI indicator still shows strength to bring GU to a overbought state.
1.990 is one price to watch. Should GU clear this the next big resistance will be at 2.000, which is also around EMA200 (daily chart).
On the contrary, GU may make a retracement, first to 1.980 (EMA21 1 hour chart), then to 1.974 (EMA55 1 hour chart)
Place long limit order at 1.974, TP 1.985
Long limit order at 1.9900, TP 1.9995
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