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TAjames

Global Oil and Gas GLV.ASX broke through a rising flag pattern.

Long
GLOBAL OIL & GAS LIMITED (ASX:GLV)  
TAjames  
ASX:GLV   GLOBAL OIL & GAS LIMITED
Trend Analysis Chart Patterns
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trendanalysis chartpattern
GLV has broken through a rising flag indicating a bullish breakout. We should quickly see a push to 3c, in which that will become the new support. Given the market conditions today it could also indicate a false breakout and may come back to 1.9c-2c until the consolidation has finished.
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