Not only GADT broke its all-time high but also gave a channel breakout in July 25'. However, that breakout couldn't last long and turned into fake-out.
Multiple reasons included a parabolic move, taking price action away from SMA-10, not so good result of Q4 and no dividend payout.
Now the price has re-tested its all-time high breakout level, SMA-10 is now very near and all-time high volumes in July signal entry of some player.
The next target will be channel top of 410, then recent high of 569, followed by all-time high breakout target of 600 and then ABCD pattern target of 750.
This is my own opinion and not a buy / sell call.
Multiple reasons included a parabolic move, taking price action away from SMA-10, not so good result of Q4 and no dividend payout.
Now the price has re-tested its all-time high breakout level, SMA-10 is now very near and all-time high volumes in July signal entry of some player.
The next target will be channel top of 410, then recent high of 569, followed by all-time high breakout target of 600 and then ABCD pattern target of 750.
This is my own opinion and not a buy / sell call.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.