Globe Photos Inc (fka GBPT)

[dayneyus]

tjak the stock traded sideways at each of these plateaus, they established support areas, on the way down. In reverse they become resistance areas; .20 area is the first .24 to .35 next, as we break their resistance heading up they become support. The practice is to sell at the resistance buy at support, so at each of these techies will sell a portion as it breaks the resistance they then may continue to sell till the price falls back to the former resistance if it holds they buy back in. This stock is so undervalued that strategy won't work to ones advantage till after $0.40 to $1.00.