ThomasHa

POTENTIAL BULLISH FOR GMA (GENWORTH MORTGAGE)

Long
ASX:GMA   None
The price is above the Ichimoku clouds for 12 days and in the up trend approaching the $2.75 resistance level. Volume level is healthy (above 20 day average). However, stochastic is in the overbought zone. Will wait for a pull back and the stochastic in the oversold zone to enter a bullish trade. Will scale up if the resistance level of $2.75 is broken.
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