Gladstone Capital Corp (GLAD)Sometimes its the most basic looking charts that perform best. A nice run-up on this one this month with prices now consolidating into a nice little falling wedge. The target for this one is somewhere in the 9s. Wait for a breakout of the wedge (above 8.40) before pulling the trigger. Below the wedge support line negates this bullish set-up for now.
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searhingabottomthe prices might fall down before doing a Retracement to a certain level.the company did well during June with revenues.the stocks can further decline to 7.80 to 8 before it picks up buyers attention.the rsi is well below the level of oversold conditions where there might b a pump from the market .this stock is for long term buyers as it can help short term buyers to gain advantage of the price fluctuation.we can see on the article on nasdaq that said 'Gladstone Capital (GLAD) Q4 Earnings and Revenues Miss Estimates".thast why i think there was a fall in price .