GLD is GOLD ETF.
GLD has formed a Triple Tops and broke the neckline. The neckline has turned support to resistance. This is a bearish trend reversal pattern. Minimum Price target for this Triple Tops formation is $129.
A Triple Tops has been formed on GMG Global Stock Chart. Break down from $0.30 support level will send GMG Global to minimum price target of $0.265.
The fundamental of GMG Global does not support the current stock price. Prepare for the FREE FALL!
Financial base on FY09
OCBC’s upside look limited as the stock has reached the critical resistance level at about $9.00. This level is 52 weeks high and also the resistance of the previous up trend support. A Triple Tops may be in formation with the same neckline extended from the previous Double Tops. Have a close eyes to watch whether 20D, 50D and 200D MA support is strong enough. If the neckline is broken at about $8.10, the price target is $7.00.
