Bearish reversals happen at the end of rises no matter how significant - GCY tried to bounce off it's lows from 0.09c to 0.11c - the last candle was from 0.10c to 0.11c an impressive 10% rise but was met with an equally strong down day the following day - engulfing the entire previous candle (rise) and confirmation was today with a further fall - Bottoms are the most gruelling episode's you can endure especially with a stock that has lost all credibility like GCY - I believe GCY will see a Double bottom at least dropping back to 0.082c and if that fails then BLK 2 it will be - Can you post a chart showing the inverted head and shoulders pattern......
GCY Price at posting:
9.8¢ Sentiment: None Disclosure: Not Held