Wednesday, April 3, 2013

GPN Is Also Looking Interesting

GPN has a couple of things going for it for a paper trading short play for tomorrow morning. It is breaking out of a flat Cash In The Box range on very heavy volume and it has gapped down.  Back in January it gapped up so now it is in a very bearish formation according to Steve Wirrick, called an Island Reversal. It already has a huge volume spike well above the 50 day average line, too.

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