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GLE: all hope is lost
There is not a single sign for optimism for GLE. All the MAs are heading down with 21EMA below 50SMA below 200SMA... Supertrend has been a sell for a while.
The last straw that broke the camel's back came last Friday, when it broke down the descending triangle on huge volume. The volume profile shows that there is thin resistance below. The decline is likely to accelerate.
Get out while you can.
The last straw that broke the camel's back came last Friday, when it broke down the descending triangle on huge volume. The volume profile shows that there is thin resistance below. The decline is likely to accelerate.
Get out while you can.
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