GCB - Potential Bottom?

 

GCB Weekly Chart


GCB Daily Chart

GCB has been in a downtrend since the start of 2025. However, recent price action is showing GCB may have formed a bottom.  On daily chart, MACD has traced a higher low whilst price made a lower low. This is a bullish divergence signal which usually indicates end of a downtrend. GCB looks ready to move higher with potential upside at 1.10 and 1.20.

Disclaimer: 

Trading and investment involves risk, including possible loss of principal and other losses. I shall not be responsible for any losses or loss profit resulting from trading or investment decision based on my posting and any information presented in this blog.





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