GMG PeakingRSI above 50
MACD positive and above signal line
above 20, 50 SMA
20 SMA upward sloping
50 SMA neutral
About GOODMAN GROUP
ISIN
AU000000GMG2
Goodman Group engages in the development, owning, and management of industrial property and business space. It involves in the investment in directly and indirectly held industrial property, investment management, property services, and property development. The company was founded by Gregory Leith Goodman in 1989 and is headquartered in Sydney, Australia.
Goodman Group Death Cross not that Deadly - GMGAt yesterday's close, Goodman Group registered a dreaded Death Cross, whereby its 50-day ma closed below its 200-day ma. With regard to GMG, the Death Cross wasn't that deadly, resulting in an average 11-day gain of 4.8%, with a win rate of 10 from 11 events.
Disclaimer: This data is not financial
GMG long after breaking out of all time highEntry: 19.63
Stop loss: 19.06
Break out of All time high with good volume.
The 3 SMAs are in order.
GMG (ASX) is breaking the resistance and reaching all-time highGlobal recovery is the key theme for the next couple of months and logistic facilities and warehouses are in high demand when more countries are starting to re-open.
While GMG has been quiet for the past few months, but its stock appeared to be consolidating and set a great support at $17.51. Comp
Bearish on Goodman Group $GMG (Descending Triangle)Bearish on Goodman Group $GMG
The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern.
Could we break the descending triangle (shorting opportunity) and retract back to the 200 MA?
Well, the more we test the support line, the more likely to bre
$GMG - GOODMAN GROUP - Great performer running again$GMG - GOODMAN GROUP - Great performer running again
Been a good performer this year and has some extra volume coming through giving it a further boost. Might be a short term correction or consolidation with the RSI so high. Trick is whether you can get someone to part with some of their shares.
GMG goes up an a medium-termA good security movement backed with strong week uptrend, just passed 0.382 fib ret on its way up. Additionally, price is at the bottom of a week parallel channel.
Putting stop as usual, 6 points below the support zone.
Consideration: uptrend movement continues up to the T1 point (11.41) and finishe
$GMG swing trade set-up, buy at 10.35-10.45Heres my set-up for today's entry purchase 1500 units $GMG Goodmam Group on the ASX. Price action shows a consistently strong bullish trend, previous diagonal support and resistance have held, and I'm going off the .786 fib and price oversold. Probability yes, for sure as TA stacks up. However as we
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