Greenco (#GKO) - proposed 98p per share cash return and delisting
- 2015-11-25 00:16:01
On the face of it, given the chart profile of the pre June period, one may be justified in being cautious on the bullish prospects of Greenko.
The question as far as the charting position of Greenko in its daily timeframe is whether the improvement we have seen here since the Spring is merely a recovery in an overall bear market, or whether the stock can stage a fully fledged revival?
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Flybe (FLYB), Greenko (GKO), Halosource.(HALO)
What is evident on the daily chart of Greenko (GKO) is the way that the stock has effectively been in the doghouse since the loss of the 200 day moving average then towards 170p in October.







