GBCO has been flagged for a potential breakout; however, there are indications that this breakout may be a false signal. Further analysis is required to confirm whether the breakout of the trendline is genuine or if it might reverse back into the previous trading range. Continued monitoring of price action and additional confirmation from key indicators will help...
Hello Dear Traders, Analysis for GBCO Using Jinny Gann One Cycle from Bottom of 5 Jul 2022 is 12.27 On Chart The Most Important Levels "Horizontal Lines" Works as Support/Resistance . Gann Star Vertical Lines marks Important Dates/Reversals.. Trade Wisely ..Important to Trail your profit above every level. Decisions on Candle Close. Best Regards
Started adding shares at 8.60s Do your own research. Don’t follow anyone blindly.
GBCO 30-min chart, the stock is drawing a pattern, to go down to support line (red) at 6.60 then back to test resistance line (blue), .. and so on, until crossing the blue line up. The target will be 7.50. Stop loss should be considered.
As you can see the double bottom targeting 10.43 as final target So hallelujah.
GBCO (AUTO formerly), EGX, on 30-min chart has a support at 5.30 crossing 5.5 will lead to target 5.95, with sub-targets 5.7, 5.80. Crossing 5.95 will target 7