DislikedIf you look at the daily and weekly GJ has a confluence of support with 55 EMA/daily gann hi/lo and on weekly 5sma close. . If price retreats to that area and holds the we probably have a low in place @ 192.60 area and the consolidation phase is probably over. Then price should head up to target 210.55/211 area 1st target. . . A break up there would see price @ 213/214 then 217. .. But this will all depend on the news out this week. . .
The other senario is if news is bad say hello to 200 then 198 are then down to 189 area. . . News will be the key to the fate of GJ this week. . . Weekly then would turn down quicker than you can blink your eye. . .Ignored
- #75,901
- Apr 28, 2008 1:35am Apr 28, 2008 1:35am
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
- #75,902
- Apr 28, 2008 1:37am Apr 28, 2008 1:37am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #75,903
- Apr 28, 2008 1:39am Apr 28, 2008 1:39am
- Joined Nov 2007 | Status: Trying manual mode again | 2,210 Posts
- #75,905
- Apr 28, 2008 1:45am Apr 28, 2008 1:45am
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
- #75,906
- Apr 28, 2008 1:46am Apr 28, 2008 1:46am
- Joined Aug 2007 | Status: TARFU... | 7,015 Posts
FUBAR...
- #75,909
- Apr 28, 2008 1:49am Apr 28, 2008 1:49am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #75,911
- Apr 28, 2008 1:52am Apr 28, 2008 1:52am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
- #75,912
- Apr 28, 2008 2:01am Apr 28, 2008 2:01am
- | Membership Revoked | Joined Apr 2008 | 2,468 Posts
- #75,914
- Apr 28, 2008 2:07am Apr 28, 2008 2:07am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
- #75,915
- Apr 28, 2008 2:08am Apr 28, 2008 2:08am
- Joined Aug 2007 | Status: The Weather Man | 8,859 Posts
- #75,916
- Apr 28, 2008 2:10am Apr 28, 2008 2:10am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
- #75,919
- Apr 28, 2008 2:33am Apr 28, 2008 2:33am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts
- #75,920
- Apr 28, 2008 2:34am Apr 28, 2008 2:34am
- | Membership Revoked | Joined Jun 2007 | 3,782 Posts