Support broken as mentioned previously, CFD SELL OPPORTUNITY…… NOW 2.77…..
Sent: Wednesday, January 29, 2014 3:42 PM
Subject: ******** Next Potential Breakdown: GLP. Support at 2.80 tested. CFD SELL Play
GLP is currently testing its 2.80 psychological support after the 2.83 did not hold today. Low today currently at 2.79. Can see huge buyers at 2.78 at the moment where it would be a temp support level. Potential downside if the 2.78 buyers get taken out, where we can see downside to 2.74, 2.70 then 2.62 level. Note that it has also traded below the 200 DAY MA dotted blue line over the past 2 days on a weaker market which can also signal some change in trend to the downside.
Stop loss at 2.83 for CFD Short positions
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