GF technical outlook is bearish; expected to decline further after testing support near 22.
Jump to any passage
Now bonds is a little different story. Here is the chart of GF and the break of this support level here 20 20 2245 definitely triggered an acceleration and we're now testing a support level that we have seen back in May 2024 as well as in October 2022.
We broke it and we had it serving as resistance and then here was a little hesitation. So this this 22 area seems to be a pretty significant area. Market's responding to that level.
So if there is I don't want to call for panic, but if if anything is going to cause a panic, it's probably going to come from the bond market because this chart is not looking good. this is going to decline and come down further.
That'll be that'll have a serious impact on the rest of the markets and especially on SPY on stocks.
What this channel has said about $GF
StockCharts TV has only this one call on this stock.