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Long GFI At $18.33

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April 08, 2011 – Comments (0) | RELATED TICKERS: GFI

I took a long position at $18.33 on a nice cup and handle breakout with a stop at $17.97. The market this morning is trying to get back to that 1332 trading range, and seems absolutely magnetized to that number which also represents the previous lower-high.Overall today and for this week as well, the market is very lethargic and seems unable to find any buyers or sellers to significantly move this market some some direction.

Here's the Chart Analysis for GFI.

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