GMA buyers getting the upper hand as they look to new highs

Potential Buy Alert

 

GMA – Genworth Mortgage Insurance Australia Limited

GMA is contracting in price as buyers and sellers fight it out for dominance. We see the buyers getting the upper hand with the Mortgage Insurance company and are watching for the long term trend up to kick off. We are now watching the lower timeframe chart for a higher low as buyers step up the pressure to push prices higher.

 

Stock Code : GMA – Genworth Mortgage Insurance Australia Limited

Company Website : www.genworth.com.au

Current Price : 3.095

Status : On watch for buyers to step up the pressure