Is GU on its way back up?
It looks like GU has broken its old trend of going down. The real question with this is "Is it starting a new trend?" or "Is it just a retrace?" so this week will give us the answer as to its currently coming close to the last Higher High (1.38293) so if it closes above that horizontal ray above then it looks like it will go up to the daily resistance (1.39899) and if it breaks that then we will know for sure where this is going. So this week, I would look to see if this is a new trend or just a retrace and it's going to start going down. Where do you think this will go?
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