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Thursday, January 22, 2015 10:24:38 AM
If any ask me –GekkoTheGreat16– I have a blank sheet with no number to forecast price share for GTRQ in the next days, or weeks term. Chart Analysis I strongly insist is not the tool to forecast prices in GTRQ case before any news come, depends on what soon or long, depends in how quite good or great that news to come.
If you want to get tide to Charts, it's your right. But try to sit down and relax a little, clean your mind from your formal protocols to end in a very logical fact: Not all tools work for all situations.
Charts works when you have SOMETHING to base on, and that something is behavior of market. In GTRQ you don't have a behavior to be explained by charts. GTRQ on theses weeks is more like a CONCERT people buying sits and positions to enjoy the moment ... the difference is when you buy a ticket for a CONCERT you know from before the date and time. When stock markets in GTRQ as it is now you don't know. So you buy your tickets (shares) at a ridiculous price to see LED ZEPPELIN in 2015, but not dated yet.
One thing we know
GTRQ has said
(1) They need US$ 1.000.000 (2015)
(2) They limit themselve to get it from 10.000.000 shares
(3) They limit themselve to get it from not lower a share than US$ 0.1
(4) They limit themselve to 1 MM US$ if with less shares, so not sell the full 10 M shares
So, from here you can be some confident the US$ 0.1 price is going to be the support. Because:
(A) Needs good enough money the adventure to manipulate a forced trending down
(B) With poor chances to success if GTRQ leads the support US$ 0.1
(C) With less than poor chances to success if shareholders backup the support US$ 0.1
This is the picture right now
If you want to check the chart: Price support is US$ 0.1
The reason why is in (A) (B) (C)
Salute
LOBO
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