Long GENEL today

Earlgreyhot
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10 years 5 months ago #13117 by Earlgreyhot

Replied by Earlgreyhot on topic Long GENEL today

Appreciate your honesty Paitech. Here's to better fortune next time around!

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Paitech
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10 years 5 months ago #13130 by Paitech

Replied by Paitech on topic Long GENEL today

Is GENL heading towards 272... looks like it.. from charts...

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remo
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10 years 5 months ago - 10 years 5 months ago #13136 by remo

Replied by remo on topic Long GENEL today

possible double bottom trade at 268..but would have to use a tight stop just incase.

dl.dropboxusercontent.com/u/4899609/gen22ndoct2015.png

this looks more range bound currently

Last edit: 10 years 5 months ago by remo.

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Trendfriend
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10 years 5 months ago - 10 years 5 months ago #13150 by Trendfriend

Replied by Trendfriend on topic Long GENEL today

This could well be heading for the double bottom...
However i think it will make a new low... as it's has already dropped quite a long way form the high's of the last bounce...Which also the selling has not finished, the big holders are likley still looking to sell into strentgh imho...
I think its in this bearish falling channel atm... i'm going to look to go long on the touch of the falling support trendline...around the low 250's