As discussed in last post GIC housing finance has shown us a perfect retracment. I expected 38.2% retracement from intraday high152.50 and that is 137.65 , instead it surpassed even 50% and went down 61.8% that is 128.30.
Still it is bullish in weekly chart and since April it is maintaing its position above 9 week EMA. BULLISH, isnt it?
if this is right time to invest in this stock?
ReplyDeleteCals Refineries Ltd.