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Re: imtheking post# 24278

Friday, 10/24/2014 11:28:47 AM

Friday, October 24, 2014 11:28:47 AM

Post# of 48316
It's a chart thing, not news driven.
Pull a 6 month chart and change the simple moving averages to 8 and 16 days instead of 50 and 200..
When the 8 day crosses over the 16 day line, that usually signals a reversal to the upside. The same thing happens when the 16 day crosses the 8 day, but the stock goes down.
That's why I bought in last week, hoping for a crossover, and it happened yesterday. GLTA, off to work.