Gail is following a trend and it broke an year old resistance line. Support and resistance lines are drawn so place your trades accordingly. Well in weekly charts it has formed hanging man candlestick pattern which in uptrend is a reversal pattern.
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.