November is ending and GREK is able to meaningfully close above 10 month MA the very first time since mid 2014. It made a higher low last month, and its trading volume began to pick up. MACD is positive. RSI still needs improvement (like to see it goes above 45). Also want to see it making a higher high (close above $8.41 monthly).
For risk takers, now might be a time to buy some with a stop at previous low ($7.18), and add more if it closes above previous high ($8.41).
For risk takers, now might be a time to buy some with a stop at previous low ($7.18), and add more if it closes above previous high ($8.41).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.