Does GP Have Similar Price Action Like BRACBANK?

Does GP Have Similar Price Action Like BRACBANK?




At the weekly or monthly chart of BRACBANK, there 'Rounding Bottom' pattern had formed and the price of BRACBANK went up rapidly.


At the monthly chart of GP, there also the same pattern 'Rounding Bottom' has formed recently. And hopefully, the price of GP will go up continuously step by step.







However, It's an interesting fact when it comes to making a decision on buying or selling a share. Because traders then classified themselves into 2 categories. Technicians and Fundamentalists. In reality, there is lots of 'Overlap'. 

But many successful traders don't try to understand that reality. To make things clear, you should know first about the 1st premises of Technical Analysis. 

*** Here it is - 'Market Action Discounts Everything'.

So whatever the things are happening in the world and in the company, everything is in the chart. So, you should understand the reality.

In Conclusion, I want to provide the quote of LEX VAN DAM, who is considered as the Most Successful Hedge Fund Manager in the UK.

''Fundamental Analysis + Technical Analysis + Appropriate Mindset – That Should Lead to a Success in Trading'' - LEX VAN DAM, 

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