Guided Therapeutics Inc (GTHP)

[SPM555]

As much as everyone here would love to see this do what it did yesterday for numerous days in a row, that's generally not how it works - especially on a stock that was beaten down this much/ has this much resistance to now make it through/ and has years of horrific sentiment to reverse. I do think the bottom is in and there's an immense amount of upside still to come, but I fully expect it to move in phases (strong rallies followed up by healthy pullbacks and consolidation). The difference between this most recent move and all the other one's we've seen in the past 3 or 4 months is that yesterday's action closed out with strength and nearly a HOD finish, whereas the other pops couldn't even hold most of their gains for the session and the following days gave back more until they were all gone. Yesterday closed strong and today was a very modest and healthy pullback, and that's exactly what I like to see. Take it for what it's worth but I'm convinced the bottom is in and $GTHP will gain momentum in the coming weeks/months.