The Hourly View for GFL
Currently, GFL (Get Ratings)’s price is up $0.73 (2.18%) from the hour prior. This is the 2nd hour in a row GFL has seen its price head up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
GFL’s Technical Outlook on the Daily Chart
At the time of this writing, GFL’s price is up $0.78 (2.33%) from the day prior. The daily chart shows that GFL has seen 3 straight up days. Regarding the trend, note that the strongest trend exists on the 20 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows GFL’s price action over the past 90 days.
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The post GFL Environmental Inc (GFL): Price Up $0.78 (2.33)% Over Past Day, Up $0.73 (2.18)% Over Past Hour appeared first on ETF Daily News.
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