We have been swing trading the bottoming formation in commodities since December and now the formation has matured to the start of a possible trend move.
GTLS is a good example of a commodity stock ready to start a momentum trend. It looks to have put in a bottom formation on strong volume and now is working hard to remount the 50 dma. Once this level clears a measured move to $45 is in play
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» Chart of the day: GTLS
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