GEM shows signs of correcting lower right into a prime buy zone

Potential Buy Alert GEM

 

GEM – G8 Education Limited

GEM is currently on a corrective move lower as sellers lock in some gains but price action may be playing right into the buyers hands. We see the potential for buyers to step back in and push sellers aside for a new move higher as the long term action looks strong. Watching now for a higher low to confirm the prime buy zone.

 

Stock Code : GEM – G8 Education Limited

Company Website : www.g8education.com.au

Current Price : 4.40

Status : On watch for buy entry setup