GHL Greenhill Daily Chart Falling Wedge Positive Divergence

GHL Greenhill daily chart shows the falling wedge in place along with positive divergence. Same look on weekly chart so a nice large bounce would be in order from this area, perhaps a few pennies lower. A gap fill at 61 serves as an intial target.

GHL is an M&A favorite to play. Perhaps some of the fall from grace since the start of the year is due to GS stating recently that M&A action has been light. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.