Glen

Where next?

Cruised through the 100 day MA and touched the down trend line today but no significant retreat. Perhaps resistance at 236 will be the next test.

Hi TF

I was in on this post-brexit - was long from 168 and closed at 189 - dont have any position now as I have found better opportunities!

This does look bullish - there is a 123 low breakout on the weekly



Word of caution though - this fell from 318p to 69p in a matter of 6 months recently - which doesn't give me much confidence in the company itself!

Just come across this, I think this looks bullish imho. I'm planning to buy some of these tomorrow.

What do you guys make of it??

close up daily.

O like the way this held the 20 day ema, always a bullish sign, its back above the resistance at 178p and possibly a bull flag breakout.



Longer term daily.
Trendchannel shows a possible move up to around 225p area as a best case for the upside.



wdik, dyor, atb.
Trendfriend

I am in Glen from 99p. Have sold half of the holding at 169p. Thinking of holding the rest until it hits 225p.

Support: 161.95,,,147(200ema),,,130,,,106.25
Resistance: 171.75,,, 191,,,,215.66,,,235,,,253.25,,,272


dl.dropboxusercontent.com/u/4899609/glen20thapril2016.png

elsgly wrote: What do people think of the miners, I have glencore, has it got to the end of its run up? remo do you have support and Ressistance for Glen.

Cup and handle is a continuation pattern TF.