Genl

Hi TF, what do you see on the charts for GENL?
My free charting has reached the capacity for the month apprently!
ta
G

Hello All,

I wanted to buy in as soon as it broke out of triangle... but havent...

some charts for Genel, these are from the w/end...so this weeks candles are missing...

genl-weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...GyxSoYcpR8xl+xxLKdE=

see the almost exact repeat pattern...the big rally up....followed by a p/b...
If and off course its only an if atm...history was to repeat itself...this is quite possibly close to a bottom imvho...

genl - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...jmhmCQzjuYuEwve3DZo=

Here you can see the fib levels.. for the 2 rallies...(i'm not a fan of fibs tbh...)
the last p/b ended just below the 61.8 level, if we get the same again...should take us to around 165/175p area...

genl - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...m5zHZMO35mDBUXUkY%3D

This chart shows the peak of the last rally was around 166p...and the bottom of the current trend channel is around 170p ...

so 165/175p area....if we do go there.....
i'm looking to buy in...and add if we see a tad lower... stop below 155p to start with...

what do you guys think about Genel??

atb, wdik, dyor,
trendfriend

i hve some charts interesting charts on this...expecting final drop towards 165p/175p area....before rally imvho...

try to post charts later...

atb, wdik, dyor,
trendfriend.

genl - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...xkrWpuQociqz5ZhoY%3D

This is still in a consolidation / p/b phase imvho....and still making lower lows for now....a move to test the key 200 day ema line feature cannot be ruled out....and a great place to load up imvho.....if it goes there...
The rsi is holding below resistance and keeps failing at the 50/100 neutral level, which suggests further sg=hort term weakness

atb, wdik, dyor
trendfriend

Lucky out at 258p