GTCAP: watch that 20-day SMA line

GTCAP continue to go up and breaks the 23.6% Fibonacci Retracement level or around 800. 20-day SMA may be considered our resistance once we will meet it. If this will be broken then we may see this stock within 850 – 900 range. As of now we don’t have any signal of reversal from our candlestick and RSI or Relative Strength Index is still healthy. Just monitor what will happen once we meet the 20-day SMA and what candlestick will it form.

Caveat!

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