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GUN broke resistance (purple line) and has pulled back to set up for a 'C' wave extension through the descending trend line. A break of $0.32 would project a target of $0.36 - $0.38.Chart Chat notes are based on our experience of applying technical analysis to the market and are designed to be used as a tutorial showing how technical analysis can be applied to a chart in real time to identify potential profitable trades
GUN broke resistance (purple line) and has pulled back to set up for a 'C' wave extension through the descending trend line. A break of $0.32 would project a target of $0.36 - $0.38.