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.
If I would of payed closer attention to the signals I would of noticed the Parabolic SAR crossed this morning @ 6.14 signaling a sell, a good reason to pay attention to ALL of the signals on the chart.
Looks like we just might get our afternoon bounce I think.
GLTU
It looks like we are losing ground right now, seems whole market is down.
I will hang in there have my stop loss in place.
There is room for upward movement, maybe not today but over the next few sessions.
Nice profit BTW, I almost pulled the trigger today @ 6.13, seems that would of been a good move now, you know hindsight being 20/20 and all.
Hoping for a dead cat bounce late day, otherwise I will ride this one down to support which seems to be around 5.92 at the moment.
GLTU
very doubtful, if he had meaningful information my guess is he would of posted it here.
If you have something to share, spill the beans, what's all the secrecy about? Just curious, thanks!
First level support is @ 6.01 second level @ 5.90. I think we hold above 6.00 for EOD.
GLTU
Hold your shares, daily chart has all buy signals right now. Full STO and TRIX 3,3 have crossed and are upticking (big signal) and we have a bullish candle sitting on support after breaking thru 4 resistance levels today (5, 13, 50 and center BB).
I am not worried about afternoon sell offs, my guess is we will see a rally on Tuesday and be strong into next week.
GLTU
My guess is it will run to the 6.30's before crossing the Parabolic SAR / upper BB. Keep your eyes on the Full STO when it crosses near the 80 on the daily chart and begins to down tick, this will signal the next pull back (probably toward the end of next week) IMO.
GLTU
Looks like we were spot on with this one. Pincher play is in full swing, I would expect to see this run back to 6.30's over the next few sessions.
Overall looks green to me!
GLTU
It goes for 95% of all penny stocks and not just a Gelmon only thing, he was only doing what the majority of so called Penny Stock CEO's do.
Check any penny board, you will see same or similar posts as you have seen here, they are mostly shady with a touch of scam.
There is a reason why these things are traded on OTC markets with little or no regulation.
My advice is stay far away from anything trading on OTC. I have doubled my portfolio since January trading blue chips and left these stinkers far behind.
Cheers!
LOL very funny and good point!
Glad I got out of this P.O.S. in January, very disappointing for myself and many others as well.
Penny stocks are just too risky / shady. The only one's who make money are those in the 'know' who can get in before a pump campaign and dump after the spike. 99% are all the same.
Making serious money in blue chip stocks now, puts this to shame.
Ah well, live and learn right?
GLTU
I can't see it going lower than 2nd level support, but if it does my guess is it will continue to pull back to bottom BB on daily chart around 5.58 right now.
Have your stops in place, mine is @ 5.78.
GLTU.
I am back in @ 5.86 this morning, may have jumped the gun a little bit but think it is a good re-entry.
I think it may pull back to the low 5.80's but should not go much lower. 1st Level Support is @ 5.84 and 2nd Level Support is @ 5.79.
Those levels should hold strong IMO, it should be up from there, almost ready to cross Parabolic SAR @ 5.95. Once that happens we should see a nice run here.
GLTU
If I were to guess looking at the 60 min chart, I think it will continue to find resistance @ 5.91 in the a.m. tomorrow.
I think it will eventually find support along the bottom BB line @ 5.84 then we will see the start of a breakout to close EOD green after filling the remaining gap.
There are strong bull signals forming (pincher play) on the 60 minute chart so if it does indeed dip tomorrow it won't last, now is the time to go long IMO.
GLTU
Seems to be no shortage of Gelmon scams out there, nice bid and ask here. Glad I have been out of this since January, what a turd this turned out to be.
Yep looks real solid LOL, what a joke!
It can be tricky, I usually only go long also.
Thanks! Today's 60 minute chart confirms that we are going to see a bearish retrace to previous levels. If you look at the candle chart you will see what is known as a 'death cross' the long term MA (13 red) crossing above the short term MA (5 blue).
I think it is a good time to consider a short position. Once we cross the Parabolic SAR @6.23 it should confirm the sell signal IMO.
My guess is we will see 5.85-5.95 by end of next week unless there is a major catalyst in the news to drive the price up.
GLTU!
Yesterday's candle was a bearish harami on the daily chart. Today confirms this so far, it looks like a hanging man candle is forming today.
Also if you take look at the 60 minute chart you can see strong resistance @ 6.30. It's my guess is this is going to drop like a rock and start filling that gap from the 16th!
GLTU!
I am out @ 6.30 today, made some decent gains on this run. Looks like it is starting to pull back now on the 60 min. chart. Seems to be having trouble with the resistance pivot @ 6.34.
Beginning to look like it will begin a pull back soon and fill that gap up from yesterday. Looking to reload around 5.85 give or take.
GLTU
You might of got out too early here. The TRIX and STO have crossed and are upticking indicating more upward motion. I would NOT be surprised if we test previous resistance levels 6.24-6.34 over the next 2 trading days.
I sold @ 6.10 on the last run and reloaded @ 5.83 this time. We should see a nice run hoping for 6.10-6.20 before the next pull back.
The upper BB is @ 6.03 now, I think we easily cross this level tomorrow.
GLTU
Yep, looks like support is building along the 5MA should be up from here is my guess over the next couple days. I expect to see it test previous highs around 6.12 - 6.45 as gas prices drop.
Wow that is terrible, I am truly sorry to hear about that. I stopped trading pinks this year and went back into blue chips.
I found that's where you can accurately follow technical movements and not worry about pump and dump scams that manipulate price movement and make some decent money.
This stock was obviously a scam.
Good luck to you!
Hey Yooo I know you were heavily invested back when I was trading this last year. How many shares have you lost because of all the R/S action? Man these guys should be put in jail.
I hate to say "I told you so" but..
Technical indicators show significant pull back to previous support levels. If this trend continues the center BB will be the next support level to be tested @ 0.005.
If support does not hold there my guess is it will continue to pull back to fill the gap @ 0.001 and lower.
I will check back next week.
GLTU!
I haven't thought about AVTI for months, I got out of that turd in back in January and have not traded penny stocks since.
Yes I know L2, and no we are not talking day trading here. We are talking about short term movements over the course of a few days, this is known as swing trading.
As I said before by Wednesday next week you could be testing support along the center BB (0.005's). If support does not hold there I have no doubt it will continue to pull back on the daily chart to fill the gap that occurred around the 18th.
Overall you could possibly see trip 0's again, these stocks are extremely volatile. This is only my observation after looking at today's technical indicators, take it or leave it, that is all.
GLTU
Probably a good chance you will see those 0.005 levels by next week looking at the charts, big selling today. GLTU.
It was my observation after looking at the Accum, Williams and RSI charts, GLTU.
I don't trade penny stocks anymore, sorry, only big boards. Most of these are just scam pump and dumps, way too risky. The only reason I commented here was a friend asked me to look at this one so that was the extent of my interest.
Also, the stock you mentioned to me looks way over bought, extremely volatile and a big risk, I will pass, thanks anyway.
I agree, technical chart looks like it could be pulling back to the 13 EMA (0.009's) possibly lower over the next day or two.
Yep, I did, got in at 5.41 sold at 6.01. Just reloaded today at 5.56. It looks like a nice bounce ahead IMO. Technicals show a double bottom on the daily chart, MACD and other indicators are up-ticking showing what could be the start of a nice up trend. Been swing trading this one for the last 2 months, been a nice play. GLTU
earned income credit LOL
Good luck to you also, wishing everyone better luck in the future, maybe this one will still turn around.
Maybe Johnny Smith (a.k.a Big Scoob) spent the money on his latest rap video who knows, he obviously did not pay the shoe factory which is why we never heard the follow up PR.
Sad but true, this one is truly a stinky pinky!
Not a problem, glad I could help, GLTU as well!
I am also resigning as Moderator, good luck to everybody!
Too bad this one turned out to be a turd!