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Stock Chart: GLP!
By Dou  •  November 27, 2012

On Monday, GLP trend upwards and closed at $2.63 with LOW volume of 10.79 million shares traded.

Both RSI & MACD are bullish as MACD about to perform a golden cross.

Important Resistance of GLP: $2.66

Immediate Support of GLP: $2.46

Currently prices are supported by 20/50 days MA.

Since Jan 2012, prices have been well supported on the 50 days MA. Prices have been trending upwards on this support and this is a bullish signal.

The support at $2.46 is expected to be strong.

Watch for any entry opportunity when prices are near the 50 days MA as prices have been trending upwards in 2012.

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