rnaofs

GPS Ascending Channel

NYSE:GPS   Gap, Inc. (The)
Hello Community!

Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!

Lets keep it simple.

We see GPS Inc trading in an ascending channel on the daily. If it plays out perfectly it'll pass $15 to retest the top of the channel which is just about the same location as the next major resistance zone "Top Green Line". If it gets rejected there's a good chance it'll retest the bottom on the channel "Bottom Green Line" which is right around $12. Let's watch closely.

This is not Financial advice.

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