Wednesday, August 14, 2013

GFI Group Inc. (GFIG) Video Chart for Wednesday, August 14, 2013

GFIG has closed green for two consecutive days after pulling back from highs of $4.52 in July. The chart has been range-bound for two weeks with resistance at $4.05 and support at $3.90. Tuesday’s move once again has the chart on the high side of the channel and facing the 50 dma, putting it on radar to finally break the cycle.

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