Sunday, August 26, 2007

GWO-tc (Great-West Lifeco Inc.) Analysis for 08.26.2007


Monthly chart shows uptrend in place. Price currently above the monthly 8ema.

The weekly chart shows consolidation/trading range, with support off the 34ema and the 50sma. Buyers showed up last week to take the stock higher, regaining the losses of the past 3-4 weeks.

The daily chart shows the price currently above all key moving averages and heading to test the prior high at $37 area.

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