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Thursday, December 07, 2017 4:37:47 PM
Long term charts all poised for breakout.
1 Year - daily chart - mirroring first 6 months of this year, where we had a 7 fold breakout, with exceedingly high and increasing volumes.
1 Year - weekly chart - extremely strong support found with the 50 period MA, as well as the Middle of the Bollinger Bands, and again mirroring the first 6 months of this year (breakout with consolidation in a flag pattern). MACD crossing into the positive once again with the RSI at a cool 51/52.
1 Year - monthly chart - Bollinger Bands extremely tight and pps pressing the upper band on increasing volumes. MACD to cross into the positive region next month.
Strongest short term resistance at the 7-8 cent line, following the range we've been trading.
GLTA
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