BGC

Daily price is located above 200-SMA in the bullish area of the chart. The price was bounced from support level at 10.32 and from 100-SMA to above for the pimary bullish trend to be continuing. If the price breaks 55-SMA to above so the strong bullish trend will be resumed with 12.88 resistance as the global possible target. If the price crosses support level at 9.93 together with 200-SMA to below so the primary bearish reversal will be started with 8.64 support level as the global possible target. Aternatively, the price will be on secondary ranging to be near and above 200 SMA waiting for direction. Trading Summary : waiting for direction