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Today's trading statement confirms the bearish bias I highlighted in June.
44p loss in 3 days or >10%
A strong rejection of its 200EMA
That's bearish as Brexit and economic chickens come home to roost. GATC has failed to move higher and looks bearish.
GATC has that Friday feeling
Closed 6p above its 200 EMA and broke resistance
which started on 19th May
Note: Slight divergence on MACD and RSI
GATC looking bullish as it's testing its 50 day EMA