As another request, I'll analyze GTT!As requested by @Binuthi, I’ll take a look at GTT today!
I see it dropping to close the gap at 2.53, then it might do a good movement. The RSI is oversold, but it can get more.
In the 4h chart, GTT can hit the 20ma again, hen we’ll see what’s the deal. If it loses this point, the $ 2 is the next stop. But any good bullish pattern around this support zone can make GTT fly again to the 3.30, or even higher.
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See you soon,
Melissa.
GTT
$GTT Target 4.42 for 49.83%$GTT Target 4.42 for 49.83%
Or double position at 1.54
Here's another one you might want to stay away from unless you just love adrenaline 😏🤓
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me.
Which Direction will GTT Communication RUN?I think we could see GTT Communications move in multiple directions but today I give you 2 of my Idea's. #1 over the past 2 weeks GTT has retraced itself and has possibly created an opportunity for it to move forward into the mid $2's or low $3's. #2 GTT might not be finished with it's downward retracement and could possibly push down into the mid $1's before we see it reverse upwards touching the low $2's, possibly consolidating or small reversal to the high $1's the another push forward to the mid to high $2's.
GTT Technical Analysis 🧙GTT operates a global communications network, providing telecommunications services to large, multinational enterprises, carriers, and governments across five continents. Offerings include wide-area networks, Internet services (including Internet transit), voice, and other transport and infrastructure services. GTT's network consists primarily of leased assets over long-haul routes and connects in over 600 data centers worldwide. The firm uses other carriers for last-mile connections, and its model results in low capital spending needs. GTT relies heavily on acquisitions to expand its footprint. Customers primarily located in the United States account for about 40% of the firm's revenue, with most non-U.S. revenue coming from customers primarily in Europe.
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GTT Technical Analysis,If you understand the idea,🎯 press a thumb up! 👍👍👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
