GWR - Trade PlanGWR is pulling back and seems it is very oversold as the RSI is in the Oversold region. It has reached potential support but looks like it is still under selling pressure. My plan is to buy this dip once bullish price action is confirmed.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
GWR trade ideas
GWR rises above the 50dma with strong buying interest.GWR has been base-lining for a number of weeks around .27-29 which was down from highs earlier in the year. Today GWR surpassed the 50d MA with strong buying interest and volume, indicating news could be coming out on further results. Strong future in the iron sector as well.
