Genpact Limited (G) – stock is trading around $39.95 dollars as of November, 05, 2019 and offering a possible buying price between $39.95 – $41.95. Let’s look at the stocks technical actions using a weekly chart.
2. The stock staged a rock solid breakout back in February.
3. The stock had a steady and non stop run after that.
4. But, the steady run stalled back in August and even it lost the 50 day moving average support on the way down.
5. After a quick consolidation, the stock appears to be regained the 50 DMA.
6. The stock is offering possible buying price between $39.95 – $41.95, with a stop loss at $36.75.
This stock is already part of the Stocks Under 50 Dollars pick and performance will be tracked here .
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