• GTCAP Standing On Quick Sand? Part 1

    GTCAP Standing On Quick Sand? Part 1

    More bad days are expected to come for GT Capital Holdings, Inc. (GTCAP). As you can see from its chart, the stock has recently broken down from a rare continuation head and shoulders pattern. If the stock does not rise over its previous neckline support at Php737.00 then it will likely speed lower towards its August 2013 low of Php685.00 or even down to its pattern target Php675.00. A recovery over Php737.00, however, may invalidate its breakdown and send it back to Php800.00.

     

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