GMAP - gap down to reach new all time low
GMAP = 8.2 (3.5%)
GMAP just keeps on forming lower and lower lows. A heartbreak to all who are bullishly holding on to this issue.
GMAP also formed a gap down to really let us know that the bears are in charge.
Support: 7.9 (likely to be tested again tomorrow)
Resistance: 8.3 (likely to be a significant resistance level for days... weeks... months... to come...)
Good luck to all GMAP traders...
Note: If you wanted to get a seat at the board of GMA... GMA7 most likely will be a bargain in the coming days... so buy it then... then sell GMA to ABS for a profit... (hahaha! joke!)
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