nicwal25

nicwal25

DSY a head and shoulder formation is forming. A break of the neckline will see a test of the 200dma as the short target

nicwal25 Updated 

Taking a look at GFI, we can see a few indications that the price will move up higher. 1. Inverse Head and Shoulder formation - if you take a look on the daily chart there was an inverse H&S that formed in Mid Feb to Mid Apr, the formation played out and the price broke upward. There is currently an inverse H&S in play as it just broke through the...