GLUU GLUU retested resistance at $8.30 but couldn't stay above. Price also hasn't been able to break the 20EMA and could now start to trend downwards towards previous support.
Broke Daily trend line to the downside, at the moment price is retesting and could potentially retrace to previous lower pivot. For tighter stop, the high of today can be used.
Note that the gap fill to the downside 77.70 could be a stalling area.
