Global Developments Inc (GDVM)

[tothe]

Hey Yoyo, I am not calling the AT yet because only last week we broke out of the upper ST trend line into a new and higher trading range. Let go of the AT for another week until as things play out. Keep in mind all these patterns morphing are in a primary up-trend so any minor highs and lows should be filtered out in our analysis. We have suffered through a key reversal and dead cat bounce with no trend change in the last five months so I expect nothing in the short term is going to slow down our upward momentum.
* Also when it takes 10 days for shorts to cover with our annoying low volume it is beneficial to our up-trend in spite of the weird Level2's we have to put up with.