GH hit the bottom, snapped back up, and has not stopped since!
This one I did buy at the bottom, but not enough, planning to get more shares later. GH has not cooperated with my plan as of yet )o: So I am hoping a pull back occurs soon. Bottom dwellers usually stay on the bottom longer than GH did as I do a lot of bottom fishing. Price is at resistance from a former red candle. There is a lot of green so may be selling will start soon.
The moving averages still look bad, but the 50 SMA is stabbing price today. Moving averages rarely look appetizing on deep pull backs or bottoms. It is considered a step in the right direction when price is above the 50.
GH does appear to have formed a very large harmonic pattern.
A good long entry level is important for those who want to hang.
No recommendation.
This one I did buy at the bottom, but not enough, planning to get more shares later. GH has not cooperated with my plan as of yet )o: So I am hoping a pull back occurs soon. Bottom dwellers usually stay on the bottom longer than GH did as I do a lot of bottom fishing. Price is at resistance from a former red candle. There is a lot of green so may be selling will start soon.
The moving averages still look bad, but the 50 SMA is stabbing price today. Moving averages rarely look appetizing on deep pull backs or bottoms. It is considered a step in the right direction when price is above the 50.
GH does appear to have formed a very large harmonic pattern.
A good long entry level is important for those who want to hang.
No recommendation.