Stock: GTCAP
Company: GT Capital Holdings Inc.
Support: 510.35
Resistance: 534.68 / 543.20

Yesterday’s -2.80% dip in prices pushed GTCAP below its weeks-long support level of 524.88.

The indicators are finally uniform in showing bearish signals. The RSI is in the selling territories with a steep downward bias. Moreover, the DMIs and MACD are in a bearish crossover. It suggests that the stock will likely continue feeling some downward pressure until it establishes a new support level.

Recommendation

Buy when support holds.

Material in this article is obtained from sources we believe to be reliable, but its reliability or precision cannot be guaranteed. This is for the sole purpose of providing details and does not provide an offer from us to buy or sell securities mentioned in this document.

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