GFH
GFH (DFM) - Still In Bullish TrendHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
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GFH ( DFM ) - Still In Bullish Trend
Good For InvestmentIts been performing nice and its in a uptrend, also we can see a breakout and retest of the same levels. A weekly closing is very good with a nice bullish green candle. This stock is good for investment we can achieve the target in 2 to 3 months time.
Entry : 0.655 to 0.660 levels
Stop Loss : 0.618
Target: 0.80
Risk/Reward : 5
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Wait and watchIts a good stock and in a uptrend, as of now its retracing down after a push phase. Its coming back to important support level so watch out for a nice bullish candle before you enter the trade. No rush! market will give chance most likely we can see a doji or a hammer candle to see and confirm the support.
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Nice Bullish MomentumIf you have not purchased GFH today you have missed the train. Very good stock in a bullish mode a nice bullish momentum have again started and now its ready to fly again. After the strong upside momentum we saw a correction and it have retraced exactly at the important FIB levels and it have taken a bounce from the support area. A fresh buying is seen today. Bullish!!
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Stop Loss HitI entered this trade at 0.575 but next day market was in blood bath and GFH got punished as well. I exit at 0.570 with small loss. Trade didnt work out. No worries!! not all the trades will work as per the analysis what keeps us in the game is good risk to reward ratio. I came out with a small loss but i have my captial and can reenter some other stocks which have good setup. There is no point continuing with losses and keeping the position open. I am stalking this!
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Rejection!!After a inside day candle stock pattern it broke to the upside but today it got rejected at 0.579 i was expecting more upside but bulls lost the steam. Strong support at 0.570 if it holds and takes a bounce from this level i will enter the trade for a target of 0.595 and 0.610 respectively.
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As per the plan If you are following my analysis i did mention it have made a inside day candle, to trade this one we have to wait for a breakout to either side and in todays session we saw a breakout to the upside and i think its good for a trade. First target at 0.580 second at 0.595.
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2 ScenariosI was expecting it to come much lower and take a bounce from the support area but in last session it have made a inside day candle. I can see 2 scenarios from here first is it may now come further down and start trending to the upside and second is it may come down further to test the support level and take a bounce to the upside and meet the first resistance at 0.595. As of now in a down trend.
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GFHIf it makes a little big move to the upside massive buyers will buy this one as all it needs is a momentum and it will really to the upside very easily. A good news can help this stock go up and make new highs. Its now stuck in the range but breakout of this range will trigger good move. Bullish
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GFH Its at very good level, it just broke it resistance level and wast about to go further up but unfortunately its not trading as they didnt submit the reports that is required by the market. I am in this trade lets see how the report reacts once the release it. I m bullish on this one.
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Gfh Good buying opportunityGFH is holding at the support level if you are following me on insta i had mentioned about this and i have entered the trade at 0.570 as when you scale down to 15 mins chart i could see that 0.569 was clearly holding and buyers were accumulating in that area. I am in this trade and my first target is 0.587 i think market will push more up and will manage my trade accordingly.
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