GOW @ 14 OCT 2021Text me if you have any questions/comments for me.
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GOW
- First time doing a written analysis on GOW
- Has a history of both uptrends and downtrends
- Strong resistance zone at 3.40-3.60 levels
- Stock has had a quiet uptrend since mid-March 2021 and looks to be respecting the short-term support
- Stock is consolidating sideways with a welcomed test of the short-term support
- Successful rebound looks to be around 3.15 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry and if comfortable with the overhead resistance zone
