Chart Watch: GMG Global

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GMG Global (AXJ)

2016Mar-GMG Global-800x449

 

  • After a long period in a downtrend, stock appears to have found a bottom in Feb 2016

 

  • Stock has rallied twice with low supply in the last 2 months

 

  • Forming another base above the 200MA at $0.5

 

  • Look to see if it can breakout above $0.53 with strong volume