GHLSYS - 2nd Breakout!


GHLSYS Daily Chart

On Apr 19, 2024, I posted GHLSYS further upside was likely with the next resistance at 0.805-0.820 after it staged a breakout with a long bullish green candle on heavy volume. See link below.

https://swingtrader188.blogspot.com/2024/04/ghlsys-breakout.html

GHLSYS consolidated for 8 days after the 1st breakout before it staged a 2nd breakout with a even longer bullish candle and even heavier volume yesterday (May 02, 2024). It took out resistance at 0.82 and 0.86 with ease. The next resistance is at 1.01 although there is likely to be consolidation before another move up.

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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