GLEN

This is currently broken above the main down trend line .
stops should be below 473.
if it finishes above the trend line then it could signal a possible trend reversal and higher prices to follow.



dyor
remo

I am watching GLEN very closely. It seems to have broken above the 200MA with volume and now just chilling.

dl.dropbox.com/u/4385922/glen.png

Any thoughts?

screencast.com/t/1H0tJihAwi

It looks like there may be an opportunity to go long very soon at 355ish. Potential target 447. Stop loss 345.
As always DYOR.

This hit 356 on Thursday, breaking the 200MA.

I have got RIO, Glen and most of the miners going one more leg down before I take any long decisions. Rio is on top of my radar - and this is also on the way down.

This bounced of the trend line on first attempt basis today This was from the interesting chart section Should be a free trade based on the first attempt basis.
If this test the level latter on today it would be risky to attempt a long again due to the weakening factor.

This has now broken the trend line so lower prices may follow.
The first attempt basis trade is only ever good for the first attempt