Thursday, March 3, 2011

Gasco Energy (AMEX:GSX) Technical Stock Chart

The Gasco Energy stock chart appears to be trying to roll into a breakout after a consolidation following a strong climb from 30 cents to over 60 cents. A cup and handle continuation pattern could be forming and technical traders are on the watch for a break of resistance at 56 cents which could lead to a test of the top resistance at 63 cents.

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