Rebound Insight
Our Pivot: 26.06
Our Preference: Buy GATM above 33.32 and average it out till 30.62 with strict stop loss of 26.06 and profit target at 40.14 and 42.57.
Alternate Scenario: Downward penetration of 26.06 will call for 23.42.
NOTE: GATM is getting support from a rising trend line along with a strong horizontal supportive region. Weekly RSI and Stochastic have generated crossover and now its ready for a bullish pull back.
Recommendations:
Buy above 33.32 and average it out till 30.62 with targets at 40.14 and 42.57.
Weekly Chart with Supports and Resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.