Demand Brands Inc. (DMAN)

[ospreyeye]

GBGM 1 hr. Chart: Checkout where GBGM traded last Thurs. the 12th……..GBGM opened @ 0.0011 & never traded below that level the entire day…….nearly $600K traded……….GBGM proceeded to have a low volume pullback compared to the massive volume on the big run...……The 2 fat green volume bars to open trading on the 12th cannot be overlooked………The 1 hr. chart shows many are holding from much higher levels & the amount of shares purchased at much higher levels is greater than the number of shares sold since the 12th……….

The candles are now breaking the Middle Bollinger Band / MA(20) @ 0.0009…..GBGM closed above the middle BB the last hour of trading signaling the start of a new up trend…….candles below the middle BB = downtrend and candles above MA(20) = Up trend…….SAR is set up for the 2nd Bullish Flip in a row ……..MACD had a bullish crossover on Thurs…….Accum/Dist, CMF & MFI are all rising……..RSI has hit the over 50 Bull Zone…..& Full Sto is headed for the Power Zone……

The GBGM 1 hr. chart shows a nice base has formed at the current level & a new up trend is beginning………..look for a major breakout when the real candle bodies start forming above 0.0017 on the 1 hr. chart………that would signal the 0.002's are back on deck………

GBGM on Breakout Radar………………$$$