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Is GNW likely to continue higher? Hammer Candlestick shows up after declining 1.0%
On Thursday, July 23rd, GNW moved down 1.0% while volume shrunk to 0.4× the usual levels. Multiple bullish signals emerged — Hammer and Hammer Candlestick — suggesting potential strength ahead. Key support levels exist at 9.76, 9.62 & 9.51, with resistance at 10.02, 10.13 & 10.27. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of GNW: A
There’s more where that came from. See all of today’s signals for GNW here.
Read full article here »