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Analysis: #NASDAQ $GWPH
Case 56 #GWPharmatceuticals PLC ADR
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
#GWPH 1/6
Case 56 #GWPharmatceuticals PLC ADR
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
#GWPH 1/6
Since peaking at 196.00 (May 2019) GW has turned bearish it should continue to move lower, breaking supports. The long term is neutral to mildly bullish.
GWPH 2/6
GWPH 2/6
Chart 1
Weekly Chart: Price is underpinned by the #SMA20 and #trendline resistance. Price has closed below the trendline support since March 2016. #Pivot supports at 81.63 and 67.68 should temporarily halt the decline but ....
GWPH 3/6
Weekly Chart: Price is underpinned by the #SMA20 and #trendline resistance. Price has closed below the trendline support since March 2016. #Pivot supports at 81.63 and 67.68 should temporarily halt the decline but ....
GWPH 3/6
