GDB TECHNICAL ANALYSISTechnical analysis for GDB Stock based on Trend Analysis, Chart Pattern and VPA
Gdb
GBPUSD Weekly 11-15 October 2021Lowest 1.353
Highest 1.364
K624 1.357
Price will be down to 1.357 or 1.353 after that price will go to up trend if breakout 1.364. Target 1.37
GDB - May See Further WeaknessGDB
Rst: 0.975
Spp: 0.875
The violation of Fibo Ext 100% as well middle BB means the stock has tendency to invite further weakness towards 50% or level close to lower BB.
GDB - Three White SoldiersGDB
Rst: 0.97
Spp: 0.93
Strongly intact bullish momentum, previous RSI bearish divergence being neutralised. But do note red candle usually may follow after three white soldiers appeared. As long as it can sustain at 0.90 area, hitting RM1 psychological level is possible.
GDB - Bullish Breakout GDB
Rst: 0.70/ 0.78
Spp: 0.68
Just done flag breakout today and there's block at Fibo Ext 61.8% at 0.70, but as usual since today candle formed above upper BB, you can expect further strength tomorrow.
GDB - Bullish Pennant BreakoutGDB
Rst: 0.68
Spp: 0.625
Bullish pennant & Fibo Ext first tier resistance breakout with the support of substantially stronger volume, will see further move in coming weeks.
GDB - Bullish BreakoutGDB
Rst: 0.655
Spp: 0.625
Bullish symmetrical breakout with improving volume and rising indicators, charged the stock to first tier of Fibo Extension, more upside to unleash if BB can get consistently wider.
GDB - New Round Of Bullish Breakout, Where is The Resistance?GDB
Trend: Bullish
Rst: 0.74/ 0.77/ 0.80
Spp: 0.685
Adjusting Fibo Extension projection to fit current progress, bullish breakout from 0.685, MACD bullish crossover will charge the stock further.
GDB UPTREND? WAIT TO COMPLETE MINOR RETRACEMENT1. VOLUME IS INCREASING
2. NICE ZIGZAG OF UPTREND
3. WAIT FOR PRICE RE-BOUNCE , THEN WILL PRICE SPIKE(POSSIBILITY)
