TAjames

Global Oil and Gas GLV.ASX broke through a rising flag pattern.

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ASX:GLV   None
GLV has broken through a rising flag indicating a bullish breakout. We should quickly see a push to 3c, in which that will become the new support. Given the market conditions today it could also indicate a false breakout and may come back to 1.9c-2c until the consolidation has finished.
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