Ray and GWR
Ray,
You like GWR? If so, here's a chart that might help you find a decent entry if you really believe GWR is a cup with handle forming instead of a double top.
There are the next three supports shown by the arrows. It ought to bounce on one of these. But something else that will help is the STOs circled below. A major bottom is put in when the STO crosses below or at the 20. I marked the most recent bottom with a "1". A continuation bottom is marked on the chart with a "2." You will note that the STO crossed above the 20 line there.
If you believe that GWR is going higher, I would buy the next cross of the STOs, which should be at or near one of those three support lines drawn.
Ray,
You like GWR? If so, here's a chart that might help you find a decent entry if you really believe GWR is a cup with handle forming instead of a double top.
There are the next three supports shown by the arrows. It ought to bounce on one of these. But something else that will help is the STOs circled below. A major bottom is put in when the STO crosses below or at the 20. I marked the most recent bottom with a "1". A continuation bottom is marked on the chart with a "2." You will note that the STO crossed above the 20 line there.
If you believe that GWR is going higher, I would buy the next cross of the STOs, which should be at or near one of those three support lines drawn.

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