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Thursday, 01/08/2015 12:05:17 PM

Thursday, January 08, 2015 12:05:17 PM

Post# of 263738
Charting is not my strength, but I think I was pretty close to the mark with a couple of my GRCU chart related posts yesterday (in the middle of the trading day). Even a broken clock is right twice a day ;)

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'We have not closed above (and held) the 50 day moving average since some time in May '14 (more than 7 months ago). Closing at or above our 50 dma of .0054 (and holding) would indicate a genuine change in sentiment (with the bulls gaining control), and could be the catalyst for going much higher (see chart below).

As always, simply my opinion.'



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'Here's another chart supporting the sentiment change which is beginning to lean bullish. It is the GRCU intraday trading, over the past few days. The rising step-level of higher lows, since it bottomed at .0035, is clearly evident from the chart (see below).'



GRCU