03.09.2015 - Genesco can change the trend
The stock price of Genesco showed rapid growth within which has overcame the resistance at 62.00 and reached the level of 64.60. In case of fixing the quotes above this mark, we expect a continuation of the upward trend to 67.60 and 72.50. The fall is limited by support at 62.00. We expect the price growth in the near future, but we recommend to wait for confirmation of the signal to open new positions.