In my former view i wrote:GWPH wants to kiss the EMA 200!
Now the time has come - we are trading near the EMA 200!
20$ is the Level to watch! Trading below that Level means another round ranging.
trading above that Level could let the stock explode with TP = 61,8 Fibo = 32,7$
GWPH wants to kiss the EMA 200!
Will the EMA 200 be the trigger for the next buying-wave?
blue arrow: alternative szenario
red arrowa: preferred szenario
In my chart i illustrate both szenarios, the long and the shortposition
Now the time has come - we are trading near the EMA 200!
20$ is the Level to watch! Trading below that Level means another round ranging.
trading above that Level could let the stock explode with TP = 61,8 Fibo = 32,7$
GWPH wants to kiss the EMA 200!
Will the EMA 200 be the trigger for the next buying-wave?
blue arrow: alternative szenario
red arrowa: preferred szenario
In my chart i illustrate both szenarios, the long and the shortposition