The Gap, Inc. : Trading opportunity
December 10, 2012 at 02:22 pm
By
Entry price | Target | Stop-loss | Potential |
---|
US$31.81 |
US$0 |
US$30.4 |
-100% |
---|
Gap share price could regain its upward trend after having run out of steam.
Following a bullish wave, the stock now shows a slight decline that should lead towards its USD 30.6 medium-term support. On this level, remobilization of buyer flows would allow an uptrend in the medium and long term.
Consequently, the most active investors can buy the share in this area and target a return toward USD 35.8. A stop loss can be placed under the USD 30.6 support.
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