G3 Global Bhd

Today's Limit Down - Distribution phase

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G3 has been moving to the downside below a valid UTL preceded by losing momentum seen on the MACD. As the price failed to close above 200-days SMA, it could drop lower to support level at 0.675. If the price breaches below this level the share may lay down the foundation for a new downtrend and this will cap off the potential bullish movement.

Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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