GEX Management Inc (GXXM)

[SeatonBM]

GXXM CHART: Here is what I am kind of seeing and why I am buying the dips here...

I like the repeated test of trend resistance and now we are starting to gain ground above the trend line, testing it for support - if we can get back above it, I like it to break off on a run...

Also watching for it to break and hold above the 20 day SMA - which would be a signal for it to test the upper Bollinger Band (like it did the last time that happened)... And I would like to see it break above the 50 day SMA which it has yet to ever do... And in doing all this, it will also trigger a bullish PSAR...

This is kind of a good set up for a trend breakout run... Some chartist would call this the 50 day SMA scoop...

I've been personally averaging a low buy in buying the dips here...

3 MONTH DAILY CHART AS OF CLOSE 5/10/2019:


https://pbs.twimg.com/media/D6VvIl3W4AAMZRM.jpg

This chart is the same, just shows the Bollinger Bands:


https://pbs.twimg.com/media/D6VvJzyWAAEv16e.jpg