Yesterday the stock price for GGS (Global Geo Services) raised above the down trending resistance line. This coincide with the rsi chart where there was also a rise above the downward trending resistance line. I would be reluctant to say that this company is now healthy but what we can see is that the two last days have been very positive for ggs. If I was to buy this stock I would wait and see if there will be a pullback to the newly formed rising support trendline and buy if this support line holds.
Dagens Næringsliv - DN.no
11 Oct 2007
GGS 11.10.2007
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