$GEST - RC - LSE -
Added 2024-10-07 10:51:58 +0000 UTCThere are mixed views here
Bulls will like:
A pull back and hold on the 0.78 Fib
Price staying on the outside of the trend line which has been in place since 2018
Price is in between the 50 and 200 Day MA
Holding support on the 50 Day MA
Bears will like:
The price is still kept below the 200 Day MA
Broke down from the wedge at the start of 2024
Only small signs of finding support so far
No confirmed reversal yet
Price needs to get back above the 200 Day MA to show a trend reversal here and back into the wedge above 3.50
Still risk at play here.
