GSFC had a gap between the zone 71-73 as shown by the thumb. Likely, Price could go in the zone 71-73 to fill the gap.
Unless, Price closes below Gap -one should not think of selling because gaps could be the dynamic support for the market.
If GSFC goes into that zone of 71-73, Traders should watch price action keenly to see the bounce from that zone -once...
GSFC has been going into seller's paradise 81-83 for 1 year. The first attempt was in July2015. Second attempt was in June2016. So, one should be careful if you wish to add GSFC to your portfolio- one can do that only if paradise zone 81-83 is taken out sharply to the upside.
Till then
Trading Strategy-
Once the falling trendline gets breached trader can...
