Forum Archive Index - November 2002

[Phaedrus <Phaedrus@techemail.com>]

 Having closed above the $1.56 high of 22/10/02, GPG is now in a short, medium 
and long-term uptrend. Price action has now broken above the medium-term 
trendline, but is close to the long-term trendline, having recently "respected" 
it. Recent support levels of $1.49 and $1.51 are quite close, making this a low 
risk entry, in that your stoploss can be set quite close to the current price. 
Technically, all this makes for an excellent entry point, regardless of whether 
you wish to buy and hold, buy for the longterm trend, or buy to trade the 
medium term trend.

             Phaedrus.

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