GDL - Long term trend line is broken!

11 Nis 2017

Gateway distriparks formed double bottom and broken the long term downward trend line which shows the bullishness of the stock. RSI is showing strength as it is above 50. Price action has retested the trendline and now it is moving upside. Price action will face resistance around 280 - 283 levels. Once it breaks it, the movement will be fast. Buy above 265 with the stoploss of 255 for the targets 280, 315 and 345. Consult your financial manager before investing. This is an investment idea.