Gnh has been in a stage 4 decline since mid novemeber. According to the weekly chart we may have bottomed. A nice long tailed candle has appeared on the weekly chart . It is a hammer. This is a good signal of a possible reversal. Even better is on the weekly chart my tweaked cci has reached a point where it is ready to cross over the -100 . It is a rally signal. Being it is on the weekly chart it is a good sign. It is more stable.

The daily chart is suggesting that the rally is not quite over for this period. cci has still a little ways to go yet, but my target is at .28 and .30 for the peak. cci on the daily is about half way through it's cycle so a little life may still be in gnh.v Expect there to be resistance at th .30 and for a pullback at that area. Once cci crosses then it will be more of a certainty when pullback will happen. For now I think we have a ceiling at .30. But I think the bottom is in ...coswil