Stock Chart Analysis GSOL

Posted by downtowntrader | 6/19/2007 10:26:00 PM | 0 comments »

Stock Chart Analysis GSOL

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

GSOL has been consolidating above a recent breakout and pivot resistance from over 2 years ago. It is closing in on all time highs and could cause a nice short squeeze if it makes a run. The recent action could be called a breakout of a cup and handle base, followed by a consolidation. It may pull back a little further, but it looks pretty bullish overall.

Good Trading,


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