InvestorsHub Logo
Followers 520
Posts 41854
Boards Moderated 0
Alias Born 01/30/2004

Re: None

Tuesday, 09/22/2015 10:42:09 AM

Tuesday, September 22, 2015 10:42:09 AM

Post# of 111967
GEQU Daily Chart & What I see going On

We have a Battle here between the fundamentals and the technical..imo

The longest stretch of green days had been ~7 in the past 3 months!

Chart Tech players, that live by the chart, want to see the indicators cool off on the daily, and can be reluctant to Buy

Holders of shares, looking way North for a Sale point, not really feeding the bid sitters

So there could be a stalemate for a while or some sideways trading, not so much by selling off, but more by just less Buying

Fundamentals say FMV way too Low, and justifies the over riding of the technical, but we're going to need a few whales to come In and Punch it on Up .... if Not, then the pps may level off a Bit until the Buyers feel the chart has caught Up...

pps is Still low enough ... imo .. to see a 100%+ day still