Technical analysis for GDB Stock based on Trend Analysis, Chart Pattern and VPA
Lowest 1.353 Highest 1.364 K624 1.357 Price will be down to 1.357 or 1.353 after that price will go to up trend if breakout 1.364. Target 1.37
GDB Rst: 0.975 Spp: 0.875 The violation of Fibo Ext 100% as well middle BB means the stock has tendency to invite further weakness towards 50% or level close to lower BB.
GDB Rst: 0.97 Spp: 0.93 Strongly intact bullish momentum, previous RSI bearish divergence being neutralised. But do note red candle usually may follow after three white soldiers appeared. As long as it can sustain at 0.90 area, hitting RM1 psychological level is possible.
GDB Rst: 0.70/ 0.78 Spp: 0.68 Just done flag breakout today and there's block at Fibo Ext 61.8% at 0.70, but as usual since today candle formed above upper BB, you can expect further strength tomorrow.
GDB Rst: 0.68 Spp: 0.625 Bullish pennant & Fibo Ext first tier resistance breakout with the support of substantially stronger volume, will see further move in coming weeks.
GDB Rst: 0.655 Spp: 0.625 Bullish symmetrical breakout with improving volume and rising indicators, charged the stock to first tier of Fibo Extension, more upside to unleash if BB can get consistently wider.
GDB Trend: Bullish Rst: 0.74/ 0.77/ 0.80 Spp: 0.685 Adjusting Fibo Extension projection to fit current progress, bullish breakout from 0.685, MACD bullish crossover will charge the stock further.
1. VOLUME IS INCREASING 2. NICE ZIGZAG OF UPTREND 3. WAIT FOR PRICE RE-BOUNCE , THEN WILL PRICE SPIKE(POSSIBILITY)