GFPT : Daily close above 8.8 would be very bullish
March 14, 2011 Leave a comment
GFPT is closing on important day chart resistance at 8.8, and tends to undergo profit taking when it gets close to this price. A breakout and daily close above 8.8 would however be very bullish and could see an advance to 9.40-9.50. However if OFFER intensity holds it back, past history has shown a correction right back to 8.20 or so follows.