Is GFM breaking out from Falling Wedge?
GFM had started to form Bullish Falling Wedge somewhere in early of May. The falling wedge's band had become narrowed.
As the final closed price is at peak of the band,
I anticipate that it will break out in the following day or it will make a final pullback before breakout eventually.
Currently, Macd had made a cross on 12 July and last closed price just touch MA20.
Disclaimer: This is NOT a Buy / Sell call. This is just for learning purpose only.
As the final closed price is at peak of the band,
I anticipate that it will break out in the following day or it will make a final pullback before breakout eventually.
Currently, Macd had made a cross on 12 July and last closed price just touch MA20.
Disclaimer: This is NOT a Buy / Sell call. This is just for learning purpose only.
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