GHL Greenhill & Co., Inc.Bearish Long Term Play

Greenhill & Co., Inc.

Greenhill & Co., Inc. operates as an independent investment bank. The company focuses on providing financial advice on mergers, acquisitions, restructurings, fund placement, financings, and capital raisings to corporations, partnerships, institutions, and governments. It acts for clients located worldwide from its offices in New York, London, Frankfurt, Tokyo, Toronto, Chicago, Dallas, Houston, Los Angeles, and San Francisco. The company was founded in 1996 and is headquartered in New York, New York.

As we wedge down in this formation we can see that we have broken through a larger triangle formation on the down side. Look for it to test the upper resistance level of the triangle and at that point it possibly could be a good bearish play with options.

 

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