GJ has failed to close below the 5/8 line 7 times now. This makes its current price an extended retrace down from the high. It could continue down and finish the current little wave, or reverse and turn higher. Early action this coming week should make it clear.
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GJ should continue down having failed at the 50% line. Having missed the entry, I'l wait for it to finish the move down and get long at a later date.
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two opportunities to buy during this consolidation/accumulation action