Shorting GWPH based on Fib Levels and the Bulls Loosing Steam
Looking at FibR levels of GWPH, there’s been a lot of resistance at the 0.382% level ($108.70). Based on the volume patterns, the bears seem to be piling in, with a shorting opportunity down to the $97 area is +8% gain. The $97 area is also a heavy support line on the daily TF as well.
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