Hello my name is Tom
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I continue to be impressed with GAHC on a technical and fundamental basis. The price action is clean and the volume is constructive and I continue to see big volume supportive movements exactly when it needs to. Then on declines volume drops off like a rock. That means only one sure thing, GAHC is being heavily accumulated towards a crescendo.
I am still impressed with the bitcoin price movement. At this point I think I agree with others that the upgrade is going to lead to higher bitcoin prices and a breakout.
The weekly chart of GAHC looks very impressive and the retest of long term support has come on schedule.
It implies now that we will eventually go back up to attack the spike high near .08 which remains untested.
The 50 and 200 day moving averages stance looks very positive.
Clearly GAHC is trading with positive momentum which is looking like it will build up to a massive crescendo and super buying panic perhaps similar to the bitcf type move to .50 to .80 cents.
Remember when stocks trade in these long rounding bottom formations (as GAHC is) with an arcing bottom then the last portion of the advance occurs with the most speed and strength and typically 90% of the price advance occurs in the last 10% of the time. So this could mean for example that GAHC trends slowly back up towards .08 backing and filling and then launches like a rocket from there to .20 .30 or higher.
The nice thing about the technical formation is that I have a very exact and precise indicator that will tell me exactly WHEN GAHC will be on the pivot point of launching into a super spike rally. Please send $19.95 with $5.00 shipping for this special report lol
Hey guys I am baaaaaaaaaaaaaaaaccccccccccccccccckkkkkkkkkkkk. lol.
IF the sp500 is topping right NOW in this zone, it makes an extremely powerful case that LODE is ready for a bull run
did anyone else notice that the mega super run in LODE that occurred in 2007 STARTED almost exactly right when the sp500 topped in October.
and now here we sit again with the sp500 making a run that is an all time record run and we approach september october again .. hmmmmmm...
I will tell you why they would buy LODE
for the same reason people bought exploration only gold mining companies in the mid 70's such as lion mines that returned 5472% on their investment.
it was the beginning of a bull run and gold and exploration companies were the best way to play it
I saw the video.. yea I suppose bitcoin will do a mini crash into August first and then maybe find support there.
I would not want to see anything lower in GAHC than .011 . that is a huge support zone which was the neckline of the H&S pattern.
i suspect GAHC will try to find support there into August.
bitcoin is going through a lot of changes I think long term it will survive these adjustments but in the near term people will panic and bail out. the currency still needs a lot of work.
GAHC seems like it will do ok longer term but make no mistake there has been a lot of technical damage.
there will be a lot of backing and filling and it will take lots of time build new cause for the next huge move up.
so maybe a panic into .011 then a rally to .02 and then a double bottom back down to .013 or something like that...
GAHC has always been volatile even without bitcoin volatility. GAHC likes to do HUGE retracements of strong rallies. So one really needs to try to jump on on a massive pullback preferably on a double bottom.
does anyone understand why GAHC has not issued any PR's since 2016 ?
i admit i hate fluff pr's but it has been so long to hear at least anything
if bitcoin does breakdown it may be because of this:
and so it may be a situation of sell the rumor and buy the news
https://seekingalpha.com/article/4084004-make-break-august-1st-event-coming-bitcoin-investors
A HUGE move in bitcoin is coming !!!
it will be either 1800 or 3200 Pick your choice !!
there are multiple scenarios at play here....
if bitcoin smashes down to 1800 it may create a huge buy opportuity in GAHC on a spike swing low to .015
if bitcoin breaks up, then it may create upward breakout leg in GAHC
Yea I sort of stopped visiting IHUB for a while...
bitcoin is going through a serious correction now.
If you look at bitcoin on the monthly or quarterly charts you will see a sign of a very bearish shooting star candlestick formation
that says bitcoin is at risk of a very nasty drop into July.
but again there is no 1 to 1 correlation between bitcoin and GAHC, but it does correlate at times.
the bottom line is that GAHC may eventually TEST the uptrendline in force since March 30, 2017.
if it does then that would mean .014 to .016 range
ideally .019 is the lowest as that is now long term major support, but cannot rule out .014 to .016 either
4 to 8 weeks out very tough to predict...
Anyway the bottom line is that GAHC has to a certain extent (probably a lot) moved up and had a VALID BREAKOUT on CONFIRMED volume because of the massive surge in the bitcoin price.
We all know that other bitcoin stocks had nice surges last couple of weeks...
so the question now is HOW MUCH of a RETRACEMENT will occur ? and for how long....
The answer to that question may depend on how long and how deep the bitcoin price decides to retrace....
I suspect that bitcoin will continue to go down a bit... it failed at the round number 3000
it may correct down to low 2000's ????
so GAHC will probably linger as this occurs
GAHC breakout level which is new support is .019
the question is do we do a full retest of this new support level ????
if we do NOT then we can assume GAHC has internal massive strength
but even if we do get back to .02, that is NORMAL price action and is a retest of the breakout level
near term we probably just keep going sideways with the low being .027
it is very interesting that the corretion that started in late february 2017 and ended late march was 79%
from our recent high of .074 a 75% correction would put GAHC near .019
So .019 is DEFINITELY in my view the absolute worse level of correction I can see going forward
I will buy a HUGE BOATLOAD of GAHC near .02 if given the opportunity. if that does not happen, then the accumulation may be just under .03
a lot depends on bitcoin price. if it crashes again we may slingshot down to .02 temporarily
ok guys to sum up the technical action so far recently:
we have had a confirmed breakout on VOLUME above the .019 area.
it was a legitimate and valid breakout from that long resistance range of .019
so now what ?
now we churn or move a bit higher, but remember.....
markets very very often like to confirm and test the breakout area (.019) which is now solid new support.
so in a nutshell I will be looking to re enter near .02 range.....
having said that, if the SEC approves the bitcoin ETF and bitcoin goes up 50% in one day, then the whole game changes...
i have to agree with trendtrader that .038 is near term and longer term resistance here....
be careful in this zone... remember rome was not built in one day
we got a runner on our hands!!! timmbbeerrrr
usually breakouts out of this size of pattern are not just one day affairs.
Yes there will be a pullback and consolidation, but the breakout is likely to be a 2 to 5 day affair
174,000 per bitcoin...
nice Sunday Video
nice to see us hitting the top boards:
https://investorshub.advfn.com/boards/breakoutboards.aspx
https://investorshub.advfn.com/boards/most_read.aspx
if GAHC is going to get the same market cap valuation as BTSC it will easily be at .10 cents
From .01 to $100 sure would be an amazing run.
It is not every day that you see a penny stock mentioned in a peer list of multinational global corporations
http://www.reportlinker.com/p04377956/Blockchain-Global-Market-Outlook.html
Some of the key players in the market are 21, Inc., Abra, Inc., Alphaphoint, Bitfury, BTL Group (Blockchain Tech Ltd.), Chain, Inc., Circle Internet Financial Limited, Coinbase, Deloitte, Digital Asset Holdings, Digitalx Ltd. (Digital Cc Ltd.), Earthport, Global Arena Holding, Inc. (GAHI), IBM Corporation, Intelygenz, Microsoft Corporation and Ripple.
Sounds good to me
Nice to see June starting off in a positive way
Yes blockchain technologies Inc would be more all encompassing
Heck just a name change like that would spike this to .10 cents ! Do it!
The same thing happened with weed stocks
Gahc should be repriced to .10 just to get to par with it's peers
nothing pisses me off more than when I have to wait THREE FULL DAYS for my funds to arrive at etrade in order to place a trade.
gee, what can happen in 3 business days on a stock... well gee it might spike to .05 cents
financial institutions worldwide and especially in the USA better watch out for bitcoin
and the entire wallstreet trading enterprise better watch out too.
stocks will eventually be traded on a worth basis of BITCOIN, not dollars.
GAHC is going to be like the CMGI of the internet in late 90's
All CMGI ever was was a holding company of different internet companies, CMGI had a market cap of 175 billion at its peak
blockchain is going to turn upside down, banks, brokerage, real estate, government, voting
the entire world is moving toward CONSENSUS governing instead of centralized governing and corporation, this is going to be the biggest battle on earth !!!!
This thing is going to bust loose soon !!! GAHC going to be the #1 Ihub play
I hope so too. But I don't see why it shouldn't pan out.
Right now maybe the entire blockchain sector including bitcoin is being valued at somewhere around 80 to 100 billion ???
There will be ups and downs but I don't see this sector going away.
GAHC can maybe be sort of like the CMGI of the late 1990's
in 1999 2000 CMGI had a market cap of 176 billion all based on a portfolio of investments in the internet sector.
we might have to wait until 2018 for GAHC to get into dollar range. Honestly I do not know if I have the balls to hold on that long, very very difficult.
Easily said but not easily done.
The exception is if you continue to dollar cost average at low prices and then keep a core position for 2018
just another holiday weekend and bitcoin up almost 7% today... it looks resilient.
I see a possible move to 3000 in bitcoin soon
welcome to the parabolic
5 will probably be some type of shorter term shelf before pressing higher
Just on a common sense basis after all the work gahc did and time to build price foundation , it makes no sense after all this time and cause to just jump to .03 which is only a penny above the long term high.
.10 is minimum on next leg
after further review and after reviewing the charts of GAHC and BITCF, I think GAHC has a good chance at hitting .10 to .15 before the end of this year.
Bitcoin up 12% again!!!!!! Unstoppable strength ! Wow
Bitcoin might double in June to 5000
there should be a huge surge from there because that is breakout territory
there is always a chance that GAHC may go nuclear and spike to .05 to .10 within a very short time frame...
I think that can only occur with a blockbuster PR or deal etc. though.
but the fact remains that GAHC has huge price cause to work from, the surprises should be on upside IMO
i am highly confident of that yes