Global Logistic after hitting the high of 1.99 on 19th April 2016 it had since continued to trend lower to touch 1.74 on 12th May. this is rather bearish.
The current price of 1.755 is staying below the SMA lines which is generally rather negative.
Also both Macd & Rsi are still pointing downwards which may provide further indication that the share price may continue to trend lower.
Short term wise it may continue to trend lower towards 1.695.
Breaking down of 1.695 with high volume that may continue to drive the share price lower towards 1.595 then 1.55. ( trade base on your own decision)
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