Stock Chart Analysis GSOL

Posted by downtowntrader | 5/20/2007 08:43:00 PM | 0 comments »

Stock Chart Analysis GSOL

Global Sources Ltd. (Bermuda) (Public, NASDAQ:GSOL)

GSOL looks like it is setting up for a continuation move higher. It is setting up in a cup and handle base with the handle resembling an ascending triangle. While there is a chance that it continues to pullback near term to the lower band, it could find support here after reclaiming the 20 day moving average.

Good Trading,