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Extrapolating data from current 200-day and 50-day trend cycles, here is what I see most likely from a technical regression:
- Current 200SMA is at 0.0092. What is interesting is the 1st point in this trading cycle i.e. from Oct 2, 2009 - closing price was 0.0091.
- Current 50SMA is at 0.0088. The 1st point in this trading cycle i.e. from May 7, 20009 - closing price was 0.007.
- So, due to the current 50SMA starting from a lower base, it will take a lot of higher pts to drive the "GOLDEN CROSS" (50SMA crossing the 200SMA).
- Next few days, if I have to extrapolate data to match Merlin's astrological alignment, then I see 0.0144 as a possible close for July 30, with golden cross potentially happening on Jul 29 when the SMA200 of ~0.0094 will be overtaken by the SMA50.
- In the process, I estimate typical day close prices as 0.01, 0.0091, 0.0108, 0.0114/0.0115, 0.0129, 0.0132 before we hit the next most signifcant resistance after 0.012.
GLTA..
Without doubt, a wonderful story unfolding! All MBA aspirants, or for that matter, any entrepreneur out there..this company is a real-world lesson on how businesses should be built..Hope the company growth continues as targeted..
NOBO, its good to be back actively participating in the hound!! How have you been?
AMA, how do u add images
Absolutely fabulous the way they are systematically and effectively building the elements of this organization..simply a pleasure to watch this unfold..
Hey kop, have been doing good..Lurking in the sidelines and accumulating on every opportunity the last few months..Hope you have loaded the boat to the fullest..
This company, once fully successful, in a few years, should be used as a model case study for bottoms-up organizational building..
No doubt, a sign of things to come..
Strong accumulation going on.
Technically, CMF on daily has gone below -0.2. Weekly, still above 0.2. ChiOsc on weekly has been rock-solid sideways. Will love to see the PPS impact when this breaks upto 70MM and beyond..
GLTA..
Looking at the weekly chart, every possibility that the mms may close this at 0.01. Fundamentally, Watson has outlined GRDO potential. Only a matter of time when the stock price will reflect continual progression.
Nobo, first of all thank you for your leadership on this board. All long-timers in here are very well aware of your dedicated updates to us during the rise of GRDO as a "value-generating" organization.
Pattern-wise, technically, GRDO is rising to new levels. The weekly MA(100) level of 0.012 will soon be a support level. The pattern is similar to the rise we saw from 0.0020 to 0.0169 back in Aug 2009. The multiples of 3 trend that we had talked about then is still working.
Equivalentally, the rise last time around was from 0.0028 to 0.0037, then to 0.0048 (within couple of days). Finally, it borke the previous highs of 0.0055 & 0.0075 in one session to go to an intra-day high of 0.0095 before retracing to 0.0084 (a multiple of 0.0028). Then, 0.0060 became a major support in the coming days.
This time around, calculating using the 3 multiple "schema", this has risen from 0.0084 to 0.0109 (closely a 3-fold multiple of 0.0037). Once it breaks 0.012, next level will be 0.0144. News of R/E deal should send this to (0.0095*3) = 0.0285 at a minimum. Any retracements fibonnacilly will be eith 0.018 or 0.0252. These are conservative estimates. If the impact of the deal is far-lasting, then we could possibly reach 0.0169*3 = 0.0507 levels soon. It all will depend on the power of the deal to reach out to other customers, and build more deals.
All IMHO. GLTA..Truly exciting times.
Got my 280K for the day..GLTA..
Got my 110K. Have still bided for 430K more.
Breaking 0.0095 (previous 50% fibonnaci retracement level and major resistance) will be the first key milestone. After that 0.0112 will have to be broken. Then the major retracement and resistance zone of 0.012 - 0.014. Once this is complete, 0.0169 can be broken with stacked up bids and volume at ask. Once this process is complete, new fibonnaci levels (that NOBO, myself and others have repeatedly discussed) will be created. Today's trading indicates a possible parabolic push with many new highs waiting. All IMHO...GLTA..
the way this is moving today - this has all the hallmarks of a parabolic push...could be huge..
IMHO, this ready to join-in CDIV land.
The run has started. First stop 0.0084. Tehn 0.0095. Then the 0.01 - 0.014 resistance zone. Then could be open skies once 0.0169 is broken...GLTA..
Great fightback by our beloved GRDO trading entity, despite limited buying interest.
We all know this company has huge potential, it's now about how GRDO management translates that potential into measurable, tangible deliverables.
I beliEve this is a beginning of a long journey for GRDO the organization - a roadblock of challenges lie ahead, but I see this management transforming these relative unknowns into growable opportunities.
It is all about the combination of fit for purpose and fit for use that GRDO as a business model will provide.
It's an exciting story whose progrEssion only time will tell...GLTA..
I believe that this will bounce back hard when appropriate. I have been accumulating since the 0.002's and will continue to till it reaches its possible potential. Again, just playing my bet that the probability of company succeeding is good. GLTA..
Rams, I repectfully disagree with your assessment.
IMHO and from some frequent quotes about technical analysis:
Ä divergence between price and CMF can also be used to generate signals. A situation in which the price reaches new lows and the Chaikin Money Flow Oscillator does not achieve a new low or begin to move up, could be considered to be Bullish divergence when the selling pressure begins to stop and buying pressure begins to grow. This indicates change in the market sentiment and a possible reversal upward. Controversy, periods when the price makes a new high and the Chaikin Money Flow Oscillator does not make a new high or has started to move down could indicate changes in bullish sentiment toward a bearish mood. Such a divergence can be used to consider selling.
Feels good to get my entire 522K block for 0.0068 apiece. GLTA..
NOBO, that is going to happen for sure. I have no doubts IMHO.
Remember last time around, before FANC came in, this blasted from 0.0028 to 0.0048. Then Mr. FANC tanked this back to 0.002 levels for whatsoever reasons. Consolidation lasted in the 0.0019 - 0.0028 range for a bit before this blasted to 0.0095 highs.
Now compare what has happened above with what is happening presently. We have seen this rise to a high of 0.0169, then come back to a high of around 0.0144 (which correpsonds to 0.0048*3). Then it has trended downwards witha consolidation range of 0.0057 (0.0019*3) to 0.0084 (0.0028*3). IMHO, the next leg up will, at a minimum, take this to 0.0095*3 = 0.0285 range with possible highs upto 0.0144*3 = 0.0432 or 0.0169*3 = 0.0507. Beyond that, I have further fibonnaci trending numbers which can only be predictive to the extent of the fundamentals.
GLTA..
Any good company needs time to get its foot FIRMLY in the door. GRDO has shown PROGRESSION, in an economic environment of instability. Growing a business consistently over time requires a combination of talent, network, planning and execution amongst a bunch of other factors. GRDO Management has exhibited its desire to implement systems in each of the above areas that will foster its growth through PROGRESSION.
Stock-price wise, isn't it great that this company which used to trade in the 0.0003s level only a year back, progressed to 0.0019 - 0.0028 range for a while and then exploded. Even the fall-back has only been to fibonnacily trending supports rather than absolute FINAL SUPPORTS. This is the strength of GRDO. It will grow as the business plan succeeds...and believe me friends, when this happens, the stock price will explode again EXPONENTIALLY, and many of you will be left rueing a missed opportunity.
GLTA..Hang in there..I should have my funds ready by Tuesday for buying another 500-600K kitty.
No that wasn't me..I am still waiting for my funds to clear...
Planning to buy 600K + shares in the next 3-4 days. Freeing some cash..As expected, the shares are consolidating in the 0.0057 - 0.0084 range..perfectly setting up for lift-off, whenever that happens..GLTA
Guys, I have connected our stock with folks on Monk's Den (refer to posts 153037 and 153068). If those folks join our team, it will be huge..GLTA..Stay optimistic..Great things are ahead..
BillyJack, following are few of the technical analysis thoughts I had provided on the GRDO board. Your expert guidance on the analysis will greatly help. I have no doubts that this will be a big winner in due course. Again all IMHO.
Feb 10, 2010:
As far as technicals go, we are churning between the 50-SMA and 200-SMA currently.
I see this as a repeat of the churn between 0.0019 and 0.0028 a while back. Remember, as I have stated in my previous posts, this loves to play in multiples of 3. So, the churn this time around, even with no solid news, is going to be in the 0.0057 - 0.0084 levels (above range multiplied by 3).
Last time from 0.0028, this blasted to the 0.0095 level (our current 50% fibonnaci level and biggest resistance). I still belive this times run will start with a blast to the 0.0095*3 = 0.0285 levels atleast (multiple of 0.0028). I see the 0.0169 high level being crushed as soon as the company releases solid numbers and / or deals.
Till then, all hang in there..All IMHO..
Nov 12, 2009:
Guys, IMHO, following is some more statistical insight, and what we find is absolutely a well-played out trend. Adding to my posts # 77351, # 79874 and # 84555.
Firstly, we have risen from 0.0019 (previous historical low from week of Aug 31, 2009) in a very short time. Note prior to the uptrend (starting Sep 2009), the most significant resistances were highs of 0.0055 & 0.0075.
Now let's focus on the uptrend since Sep 1st week:
- We moved from 0.0022 (Sep 16) to 0.0095 (Oct 2) - about 15 days
- Next, we went down to a low of 0.0055 (Oct 7), and rebounded to a high of 0.014 (Oct 16) - about 15 days cycle from high of 0.0095
- Then, we retraced to a low of 0.011 on Oct 22, and blasted to a high of 0.0169 (on Oct 23) - about 7 day cycle i.e. exactly half of previous consolidations.
- Then, came the major downward consolidation with a low of 0.0077 (Nov 5) - about 13 days.
Now to the interesting part - let's look at Fibonnaci levels created in the uptrend from 0.0022 (Sep 16) to 0.0169 (Oct 23):
- 23.6% Retracement Level = 0.0056 (previous high & low)
- 38.2% Retracement Level = 0.0076 (previous high & low)
- 50% Retracement Level = 0.0095 (previous high)
- 61.8% Retracement Level = 0.0112 (previous low)
What a well trended chart!!
Now to some predictions:
If we assume pattern is maintained, we could look at 0.0076 as the low from which this has trended. Assuming 0.014 (previous high & low) as the 23.8% trend point, we come up with following numbers:
- 23.6% Level = 0.014(previous high & low)
- 38.2% Level = 0.0167 (previous high )
- 50% Level = 0.0196 (possible shor-term high point = 7*0.0028)
- 61.8% Level = 0.0221 - 0.0224 (next break-out point)
- 100% Level = 0.0308 - 0.0312 (next high point of the continued uptrend).
Let us see how this pans out..GLTA!!!
Nov 11, 2009:
Recent historical stock trends for break-out price and highs in GRDO have based out of multiples of 0.0028.
Examples: break-out points of 0.0028 and 0.0112(both multiples of 0.0028), previous highs of 0.0055 and 0.014 (~2*0.0028 and 5*0.0028 respectively), and current high of 0.0169 (again ~6*0.0028).
It will be interesting to see if this times breakout starts at 0.014?
Oct 30, 2009:
During this period of consolidation, though to add some more statistical perspectives:
I am sure you guys would have heard about fibonnaci retracement levels of 23.6%, 38.2%, 50% and 61.8%. Note that these retarcement levels represent the % of the cumulative gain from the last trend bottom (in our case 0.0019) to the current trend top (0.0169). If we calculate these fibonnaci retracement supports, they end up being 0.0055 (previous high consolidated for sometime), 0.0076 (another previous high consolidated for sometime), 0.0095 (another previous high consolidated for sometime) and 0.0112 (level from which this blasted to 0.0169 on Oct 23).
Assuming the uptrend continues, and estimating next fibonnaci levels based on back calculation we end up with 0.0095 (previous high at the 23.6% level), 0.0141 (another high which is now a resistance at the 38.2%), 0.018 at the 50% level (which is interestingly 0.006 previous low multiplied by 3), 0.0236 at the 61.8% level. Based on all calculations, 0.0341 could be the next high corresponding to current 0.0169.
It will be interesting if this theory based on fibonnaci's pans out..GLTA..
Oct 23, 2009:
If we look at historical data last few months, this loves to trade in multiples of 3 from previous consolidation..
The range of 0.002 - 0.0028 took a while to consolidate with 0.003 and 0.0033, followed by 0.0048 (previous run high) as the major resistances. As soon as the 0.0028 was taken, it blew thru the 30s next couple of days, and blasted to 0.0048. Then once it broke thru 0.0048, it went thru a high of 0.0084 the next day (0.0084 = 0.0028*3) and finally consolidated hitting a low of 0.006 (= 0.002*3). Then, in the next cycle, it blasted to a high of 0.0095 (= ~ 0.0032*3 again around the previous major resistances of 0.003 to 0.0033). Once it consolidated and cleared this hurdle, it blasted to a high of 0.014 (which is ~0.0047 *3). Now again, if it clears this hurdle and ends up around 0.0144 in the next few trading sessions, with the right "explosive" news, if this 3 multiple trend continues, we could see a next high of either 0.0285 (0.0095*3) or 0.042(0.014*3) with immediate resistances back in the 0.018 (0.006*3), 0.0252 (0.0084*3) and 0.033 (0.011*3) ranges.
Just a statistical perspective..It will be fun when such scenarios will come out true..
Monk Sir..what is your take on GRDO..IMHO, this has CDIV pattern written all over..extremely thin..good management..outstanding share structure..Please provide your expert guidance.
Happy to get my entire buy of 650K at 0.008 - 0.0085 range. IMHO, this is now ready for its next leg. CDIV pattern written all over..
After buying almost all of today's shares, I have about 300K waiting for a grab of 0.008..Lets see what happens..Its time to explode to 0.0095*3 = ~0.0285..
My 600K+ buy-in has started...This is so thin that every 20-40K buy leads to a 0.005 increase in the ask...Simply amazing...this has CDIV repeat written all over...Time to accumulate big..
Hello Nobo and team.. I will try to buy 500K + shares in the next couple of days..Patience is the key here. I use CDIV as an example - look at what it has done the last 2-3 weeks after the consolidation and downtrend for weeks prior. Watson is building an even stronger company in GRDO. The stock price will reach new heights soon. I have no doubts about it.
Thanks Nobo and Carter..Good to be back..Let's get GRDO stock to run again..
As far as technicals go, we are churning between the 50-SMA and 200-SMA currently.
I see this as a repeat of the churn between 0.0019 and 0.0028 a while back. Remember, as I have stated in my previous posts, this loves to play in multiples of 3. So, the churn this time around, even with no solid news, is going to be in the 0.0057 - 0.0084 levels (above range multiplied by 3).
Last time from 0.0028, this blasted to the 0.0095 level (our current 50% fibonnaci level and biggest resistance). I still belive this times run will start with a blast to the 0.0095*3 = 0.0285 levels atleast (multiple of 0.0028). I see the 0.0169 high level being crushed as soon as the company releases solid numbers and / or deals.
Till then, all hang in there..All IMHO..
GRDO is doing fine. If we look at patterns based on characteristic equivalency analysis, a stock like CDIV is fundamentally and/or technically comparable to a start-up like GRDO. For all doubters in GRDO, look at what CDIV has done over time. GRDO, with the right news, has all the makings of a monster. It's all about timing. In the end, bottomline, news is going to drive the technicals, no matter what.
It's good to be back after a long break! Good luck to all..
Good Morning All!! GRDO is all about setting up some amazing patterns, be it in the stock price, timing of events, etc.
In my due diligence on the stock events, I have found another one of such amazing patterns...In my last post on Nov 30, I stated the following: "If you look at my previous posts, the stock exploded from 0.0022 (Sep 16) to a high of 0.0169 (Oct 23) - a total of ~37 days. Then there has been consolidation adhering to fibonnaci levels. Now, this consolidation has completed ~37 days (Oct 23 - Nov 30)."
Now if we look at the downtrend from the 0.0169 high, we observe that the low pint of this downtrend was created on Nov 11 ($0.0075 - one of the fibonnaci retracement points). Now, based on Watson's letter yesterday and some posts herein, Dec 18 or about looks like the start of the milestone PRs. Now again (Nov 11 - Dec 18) correponds to ~37 days...wow..is this all scripted as such or mere coincidence could be anyone's guess, but this stock surely resembles like the mystery of the symbol phi...
To summarize, atleast my DD suggests GRDO loves to create highs in multiples of 0.0028, create low end of runs in multiples of 0.006 and sets trading day patterns in ~37 ay intervals..
Will be interesting to see how all this pans out as it starts to run fast..
Again, all IMHO...GLTA!!
Good Morning Dogs!!!
GRDO has set-up magnificently. If you look at my previous posts, the stock exploded from 0.0022 (Sep 16) to a high of 0.0169 (Oct 23) - a total of ~37 days. Then there has been consolidation adhering to fibonnaci levels. Now, this consolidation has completed ~37 days (Oct 23 - Nov 30).
If the next major run starts, the 0.0055 level (23.8% retracement level) could correspond to the 0.0022 from the previous run i.e. exactly 2.5 times. Using equivalent factor on higher side, given the potential of the upcoming PRs, this could run to a high 0.0169*2.5 = ~0.042. If not, the highs may atleast be the 0.0252 or 0.0308 levels (all multiples of 0.0028).
All the best to all...Seeing the mms put asks in 0.05 range, thought to put in my humble insight..
Hope you all had a wonderful Thanksgiving and grabbed some good deals in the Black Friday rush...
Our GRDO baby has now been positioned by the mm's for a great run..technically, all indicators have been consolidated and repositioned be it the SAR, MACD, STocs, etc..
Pricewise, key levels are 0.0144 (0.048*3), and current high of 0.0169 (~0.028*6). If these levels are broken steadily, then next breakout highs will be a multiple of 0.0028...at the least 0.0252 or 0.0308 levels look possible highs..Consolidation wise key support levels will be now multiples of 0.006..Note that the stock consolidated for a bit with supports of 0.006 and 0.012 respectively in the last 2 runs...Again, all the analysis IMHO..
All the best...
Did anyone figure out what was going on during yesterday's trading..buying in increments of 100 @ 0.012, starting at 1,000 share lot to 3,300 share lots. Interestingly 1,400 & 1,600 share lots were missing..which were compensated by the extra 3 lots of 1,000 in the beginning of that buying..
Great Close!!