The bottom line here is the 15 day SMA - 5.89 & the 50 day SMA - 5.52 have turned positive. One would expect GW to make an assault toward the 200 day SMA - $6.61.
If you look at the 5 year chart you can see the channel from $5-$6.5. Take note that GW is on the high side of this channe and likely to hit huge long term resistance @ $6.5. If it breaks through the upside resistance resides @ $7 then $8.50.
Taking note of GW's affinity for the middle FIB line on the 3 month a possible buy order around the $5.85 level may cacth an intraday low in this higher trend. An absolute must would be a Stop @ $5.50 and even tighter @ $5.70.
GW 3 Month
GW 1 Month
GW 5 Year
GW 1 year
G 2yr with FIBS
GW 1 yr with Fibs
GW 6 Month with Fibs
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